03-20-2014 04:14 PM
03-20-2014 05:55 PM
Credit Bureaus received an invalid judgement on my report. I filed a dispute and it was removed completely, not a trace left. FICO continues to say in my report that I missed a payment. Credit Bureaus fixed the error but FICO has not, what can I do?
When you say FICO, are your referring to SW? If so, SW will monitor your credit report and it can take 10 business days for those changes to be refelected with any CMS
03-20-2014 07:41 PM
03-20-2014 10:22 PM
I'm sorry, new to forum and have no clue what SW and CMS mean. To expand on my story, my FICO score in January was 664 (provided by myFICO). I was hit with a judgement that did not belong to me. My score dropped to 623. I quickly filed a dispute and the judgement was removed from all credit bureaus. The judgement is gone but the huge drop in score remained. I have verified in person that the judgement is gone, but my FICO score did not bounce back. To this day FICO is still punishing me for a judgement that was never mine and was fully removed.
SW = Scorewatch
CMS= Credit Monitoring Service
From the SW guide:
Reasons why you may not receive a Score Watch alert
Changes that don’t trigger Score Alerts or Credit Alerts:
Reasons why your Score Alert or Credit Alert may arrive late or not at all:
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO