mcvane
New Member
mcvane
Posts: 1
Registered: ‎09-28-2008
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.

 

Thanks!

 

 

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Moderator
Moderator
Shogun
Posts: 7,375
Registered: ‎04-15-2011
Re: How long until FICO score changes after dispute is resolved?

‎10-06-2012 01:22 PM

Scores are a snapshot of that exact point when they are pulled.  So if you had something deleted, the new snapshot would score it that way.  There's no delay in deletion to scores changing.

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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Mega Contributor
RobertEG
Posts: 14,622
Registered: ‎03-19-2007
Re: How long until FICO score changes after dispute is resolved?

‎10-06-2012 02:05 PM

The key is making sure they remove the pending dispute flag, and update it to show resolved.

While this should be an automatic part of the CRA reinvestigation process, as simply a clerical last-step, many on the site have posted that the CRAs are often negligent in this update.  Until they have updated the dispute flag, FICO wont know of its resolution.

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Frequent Contributor
LoveGoodCredit
Posts: 299
Registered: ‎07-06-2012
Re: How long until FICO score changes after dispute is resolved?

‎10-06-2012 10:03 PM

Mine updated within a week.  If your a MyFico member I would wait a week and look for the score change or a score alert.  If there isnt a score alert then call support and they will help you.  They helped me with mine and they can help you.

Good luck! 


Starting Score: August Equifax 558 TU 600 EX 570
Current Score: Equifax FICO 635 TU FICO606 EX 644 (CS) 12/16/2012
Goal Score: 720 All Across

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Valued Member
bigboihill
Posts: 42
Registered: ‎04-09-2011
Re: How long until FICO score changes after dispute is resolved?

‎10-09-2012 06:32 AM

RobertEG wrote:

The key is making sure they remove the pending dispute flag, and update it to show resolved.

While this should be an automatic part of the CRA reinvestigation process, as simply a clerical last-step, many on the site have posted that the CRAs are often negligent in this update.  Until they have updated the dispute flag, FICO wont know of its resolution.

Correct me if I am wrong, but if they delete the account then there shouldn't be any comments at all, right?  

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