Frequent Contributor
Posts: 280
Registered: ‎02-05-2008
Re: Chase CR Note: Consumer disputes after resolution

Yes it's possible that it can hurt you.  About 18 mths ago I disputed reporting dates with Wells Fargo on a paid charge off.  They kept reporting and I thought they shouldn't and it turned out that WF put the same message on all 3 of my reports.  I was just approved for a mortgage on Monday with the condition that I provide a letter regarding the dispute and also have it removed from all 3 reports.  I was able to get in touch with WF and they are sending something to the CRA's but it is still more stress than I'd like right now.  My suggestion, if you're planning to shop for a mortgage soon, get that statement off the tradeline.  My LO told me this is a new FNMA requirement.  You never know what a lender is going to ask for.