@Anonymous wrote:General question for anyone with inside info or relevant expertise.
If a PFD is negotiated then axecuted and the CA issues a request for deletion of the trade line . Why does Experian seemingly process within a day and the others take significantly longer?
In a digital age where inquiries and other events hit within a day of being transmitted it seems there is something "more" to it then just "it takes a while" at the other 2 bureaus
EX is the only up to date CRA, they are the largest and the ones with the deepest pockets. The other 2 CRAs are still operating on platforms that are decades old, they are much smaller and dont have the funds EX does to keep their systems state of the art. If the deletion has showed on EX it can take up to 2 weeks for the others to also delete.
Thanks you gdale6. That makes sense however being in the technology mgmt / data business myself I also recognize that the fact that inquiries and collection appear in near-real-time then deletions which there is a much lower volume of should also follow suit 
I think that there is more money to be made and incentive to list inquiries and collections other updates somehow lol
@Anonymous wrote:Thanks you gdale6. That makes sense however being in the technology mgmt / data business myself I also recognize that the fact that inquiries and collection appear in near-real-time then deletions which there is a much lower volume of should also follow suit
I think that there is more money to be made and incentive to list inquiries and collections other updates somehow lol
It also depends on how the creditor or CA does their reporting, if its with manual forms the processing time can be 30-60 days with EX being the first as they have a large staff opposed to the other 2 who operate on a much smaller scale & staff. Electronic requests for inquries are easy to track and they do appear within milliseconds.