Update to Score

[Jarnog]

Can someone explain what exactly this means.  I got this update via Score Watch a couple of days ago.  Does this mean that my dispute was successful?  Do I need to worry about this account anymore?  Is this being deleted from my report?  Also, the "account closed at consumer's request" thing I am confused about.  Any clarification would be greatly appreciated.  This updating caused my Fico (EQ via Score Watch) to jump 10 points.

In 9/1/2010, the collection agency PARAGON REVENUE GROUP was hired by creditor Not Reported to collect $265 in debts on account number XXXX7938.

	Previously reported	Newly reported
Date reported:	1/1/2011	1/1/2014
Current balance:	$265	$0
Status:	UNPAID	PAID
Status date:	1/1/2011	1/1/2014
Description	Consumer disputes - reinvestigation in process	Account closed at consumer s request Collection account

[AllThingsRPossible]

Hopefully someone will chime in reg the TL.  only input I have is since it's showing as a cust dispute it's taken out of the scoring equation. Which May be why u see an increase in ur score. It's not being factored into the fico calculation.   and most lmortgage lenders will not appr mortgage with any open dispute comments.  

[Jarnog]

Thanks for the reply.  What I am confused about is the closed statement at "my request".  I didn't request it be closed within my dispute, shrug.  Also, there were 2 other collections from this same company that I disputed along with this one, and those 2 remained the same.  In the update that EQ provided me it says that they are being reported correctly and gives me the company contact information. 

Do I need to worry about this particular one, so to speak?  Do I just leave it be?  Do I try and GW or PFD or whatever? 

I apologize for the many questions as I am new to MyFico and new to the credit rebuilding process.

Thanks in advance

[titanofold]

Why did you dispute the accounts in the first place?

[Jarnog]

They were disputed due to the fact I had no recollection of these charges.  I think the official reason was debt not mine/did not incur or something like that. 

[titanofold]

Have you sent a DV?

[Jarnog]

I have not and did not, unfortunately, I didn't know about that before I got my annual credit report and started the dispute process.

[titanofold]

If it comes back as verified, send out a DV to those debts. Then you'll have an answer as to where those debts came from.