06-07-2007 11:25 AM - edited 06-07-2007 12:06 PM
06-07-2007 12:01 PM
For me, I have noticed improvement. TU and EQ are reporting everthing correctly. Cannot quite say the same for EX.
bert57 wrote:I recall reading at this site a month or so ago that TU was having problems with it's software possibly about reporting correct score, although they wouldn't admit to it. At that time I had disputed and won most every mark against me (7 to 9 depending on what CCA) due to incorrect reports of charge offs due to a Bankruptcy now 3 years ago. My score had been 668 and rising steadily prior to this. But since winning this disputes and also getting a second fairly new CC and transferring a balance to the newest second card for interest reasons, my score has dramatically dropped to 602. I also want to mention that I haven't checked my score with any CA other than TU through my 1st newer CC WaMu which I received in Jan or 07. Also the transfer of balances put me well over 90% usage on that card. I immediated reduced all cards (3) that have balances to 25% usage for a total of 2500 dollars balance on all 3 together. WaMu(FICO) and Juniper(FAKO) show total balances of usage at 5000-6000. So I'm guessing the payments haven't yet been recorded and is hopefully one reason why my score dropped so suddenly.I'm wondering if those 7 to 9 dispute I won have had some sort of negative effect. Because I still haven't had BOA aggree to correct thier remarks as the rest of CC have due to the Bankruptcy. BOA is still trying to claim these accounts were before the Bankruptcy. I have my discharge papers to prove otherwise but I'm affraid to send them in for fear of a negative effect on my score again.Just a note. I did all this after reading on this site how to go about improving your score, because as of 6/4/2007 three years past on my BK and Wachovia would have been willing to give me about a 6% rate on a refinance of my home and a new HELOC for future investments of rental/turn around homes. Now it seems I'm screwed for quite awhile. And being the real estate market has dropped around here it would be a perfect time to invest in a few properties for either rentals of fixer uppers. I'm in construction so it's right up my alley for retirement purposes. But I don't have the financing without the loans.So my question ride around TU given me lower scores than normal or have my disputes or Newer accounts been my reason for a drop in score?This whole FICO scoring systems sucks and I think I was better off leaving my reports the way they were before I got smart and disputed them.Any clues out there?