topic Re: Can a CRA do this? in General Credit Topics

Can a CRA do this?

gdtobefree — Fri, 05 Dec 2008 21:04:57 GMT

I disputed something that EX verified and TU deleted, well, this is what EQ pulled,

I disputed it, they changed the entire TL to show a satifsfactory account instead of deleting it (I have a copy of the account showing all of this) and then turned around and changed all the info back to a negative TL but never sent me the results of the dispute.

I guess the 46 points my score went up when they changed the info will be taken away.

Message Edited by gdtobefree on 12-05-2008 01:04 PM

Re: Can a CRA do this?

Junejer — Fri, 05 Dec 2008 22:54:53 GMT

NOTHING a CRA does will ever surprise me again. Did you get on the phone to get an explanation? Do you have hard proof that the change was made?

Re: Can a CRA do this?

gdtobefree — Fri, 05 Dec 2008 22:59:59 GMT

No I have not called them, OH YES I have proof I have COPIES.

What are the chances that they will say we changed it during my dispute then we verified it or we made a mistake.

What can I do about this?

Re: Can a CRA do this?

Junejer — Fri, 05 Dec 2008 23:01:50 GMT

My guess is that chances are about 100% that they will say that it was verified.

What to do about it? Let's see what others, who have experienced this bliss have to say.

Re: Can a CRA do this?

gdtobefree — Fri, 05 Dec 2008 23:10:32 GMT

I have no proof of it being verified.

Thanks for your input, at least I am not the only one that thinks this is wrong

Re: Can a CRA do this?

Anonymous — Sat, 06 Dec 2008 04:12:14 GMT

When you say that EQ changed it to a positive TL and then back to a negative TL, what exactly changed?

Are you saying it was changed because you got a score increase or because specifics on the account was actually changed?

Did you dispute online, over the phone, or by mail? What date did you dispute?

Re: Can a CRA do this?

gdtobefree — Sat, 06 Dec 2008 07:11:46 GMT

Everything changed on the TL

They got my dispute by mail on 11/6/08

Let me see if I can copy and paste a before and after.

On 11/18/08 it was reported like this:

Account Number:

Current Status: CHARGE-OFF

Account Owner: Joint Account

High Credit: $0

Type of Account Installment Credit Limit: $0

Term Duration:

Terms Frequency: Monthly (due every month)

Date Opened: 2003/03

Balance: $11,753

Date Reported: 04/2008

Amount Past Due: $0

Date of Last Payment: 10/2006

Actual Payment Amount: $0

Scheduled Payment Amount: $0

Date of Last Activity: N/A

Date Major Delinquency First Reported: 11/2006

Months Reviewed: 43

Activity Description: N/A

Charge Off Amount: $0

Date Closed:

Type of Loan: Auto

Date of First Delinquency: 05/2006

Comments: Consumer disputes - reinvestigation in progress 81-Month Payment History

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2008 * * *

2007 * * * * * * * * * * * CO

2006 * * * * 30 30 60 30 30 CO * *

2005 * * * * * * * * * * * *

2004 * * * * * * * * * * * *

2003 * * * * * * * * * *

On 11/20/08 they changed it to this

Account Number:

Current Status: N/A

Account Owner: Joint Account

High Credit: $0

Type of Account N/A

Credit Limit: $0

Term Duration:

Terms Frequency: Monthly (due every month)

Date Opened: 2003/03

Balance: $0

Date Reported: 11/2008

Amount Past Due: $0

Date of Last Payment: 06/2007

Actual Payment Amount: $0

Scheduled Payment Amount: $0

Date of Last Activity: 06/2007

Date Major Delinquency First Reported:

Months Reviewed: 43

Activity Description: N/A

Charge Off Amount: $0

Date Closed:

Type of Loan: Auto

Date of First Delinquency: N/A

Comments: Consumer disputes after resolution

81-Month Payment HistoryYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2008 * * * * * * * * * * 2007 * * * * * * * * * * * * 2006 * * * * * * * * * * * * 2005 * * * * * * * * *

My score went up 46 pts

Then on 11/28/08 they changed it to this

Account Number:

Current Status: CHARGE-OFF

Account Owner: Joint Account

High Credit: $0

Type of Account Installment Credit Limit: $0

Term Duration:

Terms Frequency: Monthly (due every month)

Date Opened: 2003/03

Balance: $11,753

Date Reported: 11/2008

Amount Past Due: $0

Date of Last Payment: 10/2006

Actual Payment Amount: $0

Scheduled Payment Amount: $0

Date of Last Activity: N/A

Date Major Delinquency First Reported: 11/2006

Months Reviewed: 43

Activity Description: N/A

Charge Off Amount: $0 :

Type of Loan: Auto

Date of First Delinquency: 05/2006

Comments: Consumer disputes after resolution,
Charged off account

81-Month Payment HistoryNo 81-Month Payment Data available for

Re: Can a CRA do this?

Junejer — Sat, 06 Dec 2008 07:54:46 GMT

This seems to be the result of the dispute, as it was well within the 30 day timeframe. The TL is taken out of the scoring model while in dispute.

I mistook your original post to mean that the dispute was completed and then they came along and changed everything up.

Re: Can a CRA do this?

gdtobefree — Sat, 06 Dec 2008 08:20:55 GMT

My score is going to drop isn't it?

I still haven't gotten anything from them as far as the results,

TU deleted it and of course EX verified it.

I wonder how TU deleted it and the others didn't?

Re: Can a CRA do this?

Anonymous — Sat, 06 Dec 2008 14:10:01 GMT

Your score could drop back to where it was before the dispute.

If they got your dispute on November 6th, I would wait until about the 16th for a response from them.

If no response by then, I would contact them and find out why. I would also send a MOV.

Re: Can a CRA do this?

Anonymous — Sun, 07 Dec 2008 23:50:57 GMT

Doesn't the fact that they made the changes public knowledge for this person hold accredibility to anything?

Wouldn't that be considered false reporting on the credit reporting agency's part?

I may be new but I have been reading every piece of information I can get my hands on and something about these actions doesn't seem right.

Re: Can a CRA do this?

Junejer — Mon, 08 Dec 2008 00:20:25 GMT

Hi mudbug. I would say that EQ was fine with how they did things. They have a full 30 days to respond. In the meantime, there could have been other items that updated on the report, giving OP reason to get a SW alert or to pull credit and find out what happened that way.

Re: Can a CRA do this?

Anonymous — Mon, 08 Dec 2008 00:35:54 GMT

I see, now if they would have deleted it while in dispute then they could have hung the agency on a short rope right?

I surely see why this person was upset, I would have been upset to see something of that nature be updated that way and then changed back to.

I am going to go do some more research there has to be something that can help this poster.

Re: Can a CRA do this?

Junejer — Mon, 08 Dec 2008 01:11:14 GMT

If they had removed it and then put it back on after dispute, I would say OP would have a great case, but being within the dispute timeframe, they were fine.

The thing is that that's the way it is. TLs are taken out of the scoring formula during a dispute. There is nothing that we can do about it. It's how it is.