Credit Card Center Advertiser Disclosure

New Contributor
Posts: 76
Registered: ‎03-15-2012
0 Kudos

Got a letter saying they would delete in 30-90. Faster options?

Hi. I got a letter from the OC saying they would recall my account from the CA and then delete all charges, and remove all negative information relating to the account from my credit reports. It states that once the account is retrieved from the CA, it should take 30-90 days to reflect the new information.


I'd like to buy a house before then. Would it be faster/make sense to send the letter directly to the CBs and dispute? I don't want to antagonize anyone or risk inadvertently protracting the process. But I have no idea how long it typically takes to retrieve the account from a CA, and another 30-90 days after that... sounds like a long time. Is there any way to expedite this?

Moderator Emeritus
Posts: 32,865
Registered: ‎08-04-2007
0 Kudos

Re: Got a letter saying they would delete in 30-90. Faster options?

I'd wait it out. Even though they say 30-90 days, it'll usually be much faster, or at least IME. They say that so that nobody will bug them for a faster deletion. Set the bar low to aim high type of thing. Plus a dispute could very well take longer, especially in this example. A dispute would be 45 days (because you are sending in supporting docs via mail). Also, the CA's and OC's dispute department might not know of this agreement prior to the dispute, which could result in a verification. Finally, lenders have been known to turn down loans due to dispute comments. However, if you have the letter you can ask your lender to do a rapid rescore for you which is basically a dispute anyway, and it's fast.

Moderator Emeritus
Posts: 14,122
Registered: ‎04-15-2011
0 Kudos

Re: Got a letter saying they would delete in 30-90. Faster options?

+1 llecs   You do not want a dispute on your CR when going for a mortgage loan.  

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.