I was just on the phone with Penfed requesting a CLI (I'm still within 60 days of the initial pull, just refinanced my car with them and figured I may as well go for it all!) and I get a scorewatch notice that my FICO dropped 38 points. I log in to check and there are no notices. I checked on TC also and nothing.
The only thing I can think of is that I sent a dispute re Sallie Mae but it hasn't been 30 days yet and SM verified to EX.
So I just ordered my new Score Watch report and under "Understanding your FICO Score" it says:
- 1 serious delinquency 60 days past due
- Balances past due $3,013
- Recently missed a payment 2 months ago
None of that is correct!
"Credit at a glance" says no late payments and no accounts past due
"Accounts" shows Sallie Mae with a balance of $3,013 with a red flag, reporting no late payments current status "Pays as agreed" "Past Due Amount $0" and under description it says "Arrangements made with credit grantor to make partial payments" which is incorrect, I'm making full payments.
It looks like FICO thinks the account is now late and due in full. What is going on? Will this correct itself?
edited to change the thread title: I do hope that you don't mind, OP, but I edited your thread title to reflect that this is a Sallie Mae error. Please see my post #4. You might well have been the first to post about this.
Message Edited by haulingthescoreup on
05-09-2008 06:03 PMMessage Edited by gary4872 on
05-13-2008 07:23 PM