hello..i had duplicate student loans on my experian credit report..i disputed them yesterday and today my credit score dropped 30 points! i have 20k in student loans and experian was reporting 40k..is this a temp thing or a glimpse of whats to come??thanks for your time
Same thing happend to me but with Equifax. I reported to the Consumer Financial Protection Bureau and all my loans were removed i gained like 15 points at first. then they put back some of my loans the closed ones and I lost 2 points. Have no idea if they will add the other 2 back I need the tradelines to get a fha loan, it has only been over 45days.
oh no! i have a similar issue! i have a student loan showing it's in collections still but it was closed out over two years ago. i was able to get a letter from D of Ed to say it was a closed account... am trying to get them to delete... but i sent the letter saying the account was closed to the reporting bureaus. so far i've seen one report drop 1 point saying the line is in dispute.
i can't not afford a drop that big! eek!
can you share how you went about disputing via the CFPB?
While in dispute there are certain aspects of an OC's TL that are excluded. One is being the AAoA which is the likely culprit of your drop.