I received an alert the other day, checked my score and saw what looks to be a 40 pt drop for two new incidents on my credit reports. Both of these are in dispute. One is with Victorias Secret who are in the past two months have been reporting I owe $20. I disputed this as best I could, but when they tacked on a finance charge of $1, I was alerted and saw the 40 point drop in my score. The other incident is something I paid to the original creditor, again I disputed. So now my score drops 40 points and I have no way to make it go back up? I am less than 3k in debt, the further I pay off my debt...my score goes down.
At one point while disputing it on my reports, Commenity Bank, Victorias Secret, called and I spoke with the person. She wasn't demanding the $20 that they claim I owe, she was demanding $50.
What in the world? A 40 point drop and for a $1?
-kym
