Regular Contributor
Andrew22
Posts: 118
Registered: ‎11-15-2010
TU, EQ reporting two mortgages after Re-fi...

Just got my quarterly report from TU (and, later checked ny EQ). Last October i re-fi'ed my mortage, paying off the old one (did not take any money out, just gabbed a much lower rate.) But, both on TU and EQ, both mortgages are reporting, and it's listed my outstanding debt as more than double what it really is. Is this just a flaw in the model? Suppose it isn't a big deal, but my score was 799...wondering if I am really in the 800 club, or worse, if there was some glitch on my end?

Moderator Emeritus
llecs
Posts: 32,869
Registered: ‎08-04-2007
Re: TU, EQ reporting two mortgages after Re-fi...

Does the old mortgage report $0?

Regular Contributor
Andrew22
Posts: 118
Registered: ‎11-15-2010
Re: TU, EQ reporting two mortgages after Re-fi...

No, the old mortgage is reporting the full amount due. My total mortgage debt is listed at double what it is. I called the mortgage company (same bankfor both loans) and it we did pay off the old loan with the new, and it is not reporting late. But, it is not reporting $0, as it should...