Understanding FICO® Scoring

[mymy]

it seems like it takes a loooooong time 4 those guys to update their files..when something is deleted on my file, does that mean my CR is automatically updated?

[Tuscani]

Well did the CRAs actually delete.. or did a creditor themselves say they were going to delete? Makes a difference.

CRA: If they say its deleted it should be gone, no waiting period.

Creditor: Creditors generally report once a month. So your report should update within 30 days.

Message Edited by Tuscani on 04-23-2007 05:46 PM

[mymy]

i submitted an online dispute with transunion....came back 1 item was deletd, however score remained the same so i was wondering, do i have to wait for them to update?

[Tuscani]

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mymy wrote:

i submitted an online dispute with transunion....came back 1 item was deletd, however score remained the same so i was wondering, do i have to wait for them to update?

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Nope. It should be gone immediately. Are you sure you are pulling an updated report? Your score should definately reflect the change. Perhaps this is related to the current issues at TranUnion. I would not panic.

[madriley]

Since March when I started disputing items on my credit, my scores at EXP and EQ have been soaring. I can see the items fall off on TU but my score hasn't budged.

[LadyFICO]

I have noticed the same thing but since each bureau is different because not all creditors report to all bureaus it may be the impact doesn't affect TU as heavily as a perhaps more used bureau. For me all bureaus have gone up with tu the highest yet not so much as drastic as the other two. I still am expecting some changes soon due to payoffs and aging. It could take longer than 30 days if your creditor already updated this month.