Dispute Caused Score to DROP
04-10-2013 04:37 AM
I recently purchased a brand new car and took that initial hit on my score for the new account (only 6 points) taking me from a 703 to 697. I disputed an item on my report, so they could make sure the info (which is an OLD charge-off from Amex) is correct and everything came back exactly the same...except my Equifax FICO dropped to 668. My Trans Union didn't drop much (708 to 699 after new car loan added). Yet, I am really concerned about the HUGE dip in Equifax as I am going to to be moving in a month and have to apply for apartments. I talked to MyFico and they said its normal for a score to drop when something is in dispute. But the investigation ended in a week and nothing changed, so why the huge drop? Will it hurt my rental application?