Reply
New Contributor
Posts: 53
Registered: ‎03-13-2012
0

Owe amount changed

I disputed a collection on my CR, and it came back different. It first shows that I owed $527, now it shows $528. Can they change the amount that was owed? With this my score drooped 5 points.

Starting Score: (myFICO pulled) TU 618, EQ 578
Current Score: (myFICO pulled) TU 654, EQ 642
Goal Score: 700+


Take the FICO Fitness Challenge
Epic Contributor
Posts: 20,940
Registered: ‎03-19-2007
0

Re: Owe amount changed

Yes, as the debt matures, if your account agreement permits continued accrual of interest on unpaid debt, and what agreemen doesnt?

They still dont have money provided to you.

As a matter of fact, those reporting to your credit file are required to update previously reported information so as to maintain its accuracy, so it can be argued that not only is it proper, it is required.

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 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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.