How long until FICO score changes after dispute is resolved?
10-06-2012 12:07 PM
I'm preparing to apply for a mortgage and disputed an erroneous collection ($140 to Verizon, within last two years) that appeared on both my TransUnion and Experian credit reports. Both agencies deleted the account - surprisingly quickly - it took just over a week for them to "complete the investigation." I'm hoping this will significantly improve my TransUnion and Experian FICO scores, both of which are a solid 70 points lower than my Equifax score.
My question is how long should I wait for these agencies to update my scores before I head to the bank to apply for mortgage pre-approval? I don't want to waste money checking my scores until enough time has passed for the changes to take effect.