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Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?



twnkltoz wrote:
Well, I called EQ, and they said it's showing as an open account.  But they're also showing it as a CO!!  Dumb***es.  She started an investigation...I hope it doesn't take forever!!  :smileymad: The "last reported" date updated, too...



Cool, keep us updated.
Valued Member
twnkltoz
Posts: 54
Registered: ‎03-15-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

OH MY GOD I AM SO FREAKING PISSED!!!!!!
 
I ran my EQ on myfico again today because I saw on TC that this a/c is no longer under investigation.  Guess what?  EQ has it as charged off again instead of open (which is good); however....they have it as charged off in 5/07!!!!!  meaning, it looks like a new charge-off.  They're STILL including it in UT, and now they show it as a late payment in the last month to boot!!  They dropped my score ANOTHER 6 points!!!!  I wish i'd never disputed it in the first place and they would have left it alone.
 
I sent them a hand-written letter last week to verify or delete, so I guess I shouldn't do anything else until the results of that come back?  At least my mid score is still 600 because EX has their act together (relatively so, anyway), but if EQ weren't such idiots my mid would be even higher, maybe even the 620 that would make life so much easier.  
 
Any advice?  Wait it out, or do another phone/online dispute to get the last reported/charge off date fixed as a short-term solution?
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?



twnkltoz wrote:
OH MY GOD I AM SO FREAKING PISSED!!!!!!
 
I ran my EQ on myfico again today because I saw on TC that this a/c is no longer under investigation.  Guess what?  EQ has it as charged off again instead of open (which is good); however....they have it as charged off in 5/07!!!!!  meaning, it looks like a new charge-off.  They're STILL including it in UT, and now they show it as a late payment in the last month to boot!!  They dropped my score ANOTHER 6 points!!!!  I wish i'd never disputed it in the first place and they would have left it alone.
 
I sent them a hand-written letter last week to verify or delete, so I guess I shouldn't do anything else until the results of that come back?  At least my mid score is still 600 because EX has their act together (relatively so, anyway), but if EQ weren't such idiots my mid would be even higher, maybe even the 620 that would make life so much easier.  
 
Any advice?  Wait it out, or do another phone/online dispute to get the last reported/charge off date fixed as a short-term solution?


If it is closed there is no impact on your utilization. Your score dropped because of the recent late.. remember though, this does not restart the 7 year clock. Wait out your existing dispute before submitting another.
Valued Member
twnkltoz
Posts: 54
Registered: ‎03-15-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

Well, whatever the issue is...according to myfico theyr'e including it in my utilization and my amount of debt. 
Valued Member
twnkltoz
Posts: 54
Registered: ‎03-15-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

On the bright side, they deleted another of my old charge offs!  Go figure.
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

I was wrong.. I apologize. Looks like balances on closed accounts DO affect utilization. Sorry about that!
Valued Member
twnkltoz
Posts: 54
Registered: ‎03-15-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

Well, I don't think it should.  It didn't before this whole issue came up!  :smileymad:
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Help! Incorrect UT calculation: myfico.com problem or EQ problem?

I agree. And I was under the same impression as you. I thought only opened accounts were factored. So thanks for teaching me something!

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