topic Re: Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments in Understanding FICO® Scoring

Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments

ashley5031 — Fri, 11 Apr 2014 19:55:32 GMT

CAPITAL ONE

(XXXXXXXXXXXX0797)

Account opened: 11/2007

Description: Paid charge off

	Previously reported	Newly reported
Balance:	$0
Past due:	$0	$0
Status:	Bad Debt; Placed for collection;	Bad Debt; Placed for collection;
Last activity:	4/1/2013	4/1/2013
Description:	Consumer disputes this account information Paid charge off Account closed by credit grantor	Paid charge off

Contact: CAPITAL ONE, PO Box 30281, Salt Lake City, UT, 841300281

CAPITAL ONE

(XXXXXXXXXXXX7614)

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Account opened: 5/2012

Description: Credit card Amount in H/C column is credit limit

	Previously reported	Newly reported
Balance:	$608
Past due:	$0	$0
Status:	Pays account as agreed	Pays account as agreed
Last activity:	1/1/2014	1/1/2014
Description:	Consumer disputes this account information Credit card Amount in H/C column is credit limit	Credit card Amount in H/C column is credit limit

Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments. I had no opened disputes and have been paying on time so i dont understand

Re: Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments

Anonymous — Fri, 11 Apr 2014 20:49:30 GMT

Right out of the gate - that first CapOne account is probably what's the problem.

When was the last time you made a payment on this? When was it charged off? I don't know what state you're in but if it's outside the statute of limitations for collection, which varies from state to state, you might be able to dispute it as a "time-barred debt", meaning - it's so old, even if they sued you today, you could get the suit dropped because it's so old, again, based on state law, which varies from state to state.

To see what your state's statute of limitations is for credit card debt, see this page - http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php

Re: Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments

Anonymous — Fri, 11 Apr 2014 20:52:26 GMT

It looks like the first account went from a dispute status to a charged-off status.

Accounts in dispute are supposed to be prevented from hurting your scores, so moving from disputed to charged off might be a big deal.

Re: Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments

ashley5031 — Fri, 11 Apr 2014 20:56:46 GMT

i disputed the 2 accounts 2 months ago the told me they werent changing anything i asked them to remove the comments thats all

Re: Score dropped 65 points and i dont unstand why all i asked was that they delete dispute comments

Anonymous — Sat, 12 Apr 2014 01:49:13 GMT

@Anonymous wrote:
Right out of the gate - that first CapOne account is probably what's the problem.

When was the last time you made a payment on this? When was it charged off? I don't know what state you're in but if it's outside the statute of limitations for collection, which varies from state to state, you might be able to dispute it as a "time-barred debt", meaning - it's so old, even if they sued you today, you could get the suit dropped because it's so old, again, based on state law, which varies from state to state.

To see what your state's statute of limitations is for credit card debt, see this page - http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php

Delinquent accounts may report up to 7.5 years from the DOFD. SOL expiration has nothing to do with the reporting of the debt on your CR's.