topic Re: Scorewatch alert interpretation in Understanding FICO® Scoring

Scorewatch alert interpretation

golo — Tue, 29 May 2012 19:45:31 GMT

Hi fellow members . What does this alert and newly reported information means?

Consumer disputes this account information
Charge off account
Charge
Amount in H/C column is credit limit

Re: Scorewatch alert interpretation

llecs — Tue, 29 May 2012 20:34:38 GMT

Means a CO'd CC or charge account is in dispute.

Re: Scorewatch alert interpretation

golo — Tue, 29 May 2012 21:29:42 GMT

Thank you llecs.This is what the alert reflects,notice that the newly reported balance is blank.What is that suppose to mean? Thanks in advance.

Account opened: 5/2002 Description: Consumer disputes this account information
Charge off account
Charge
Amount in H/C column is credit limit
Previously reported Newly reported
Balance: $778
Past due: $778 $778
Status: Bad Debt; Placed for collection; Bad Debt; Placed for collection;
Last activity: 11/1/2006 11/1/2006
Description: Consumer disputes - reinvestigation in process
Amount in H/C column is credit limit
Consumer disputes this account information
Charge off account
Charge
Amount in H/C column is credit limit