topic Someone please refresh my memory in General Credit Topics

Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 01:13:37 GMT

Hi, I would like to know if disputes in progress affect your score at all?

I am asking because as you see in my siggy, my scores have jumped from 545 to 611 with Equifax. I did dispute 3 accounts with them. Is this helping/hurting my score at all?

Re: Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 12:53:22 GMT

Anyone?

Re: Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 13:24:21 GMT

Having a dispute in progress can affect your scores, yes.

On certain accounts (not collections) specific information is removed from scoring while the dispute is in progress. Once the dispute is over, if the account remains, the information will then be looked at again by the scoring formula, which means your scores will re-adjust. They may or may not go back to their previous scores, depends on what changes.

Re: Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 14:52:47 GMT

@Anonymous wrote:
Having a dispute in progress can affect your scores, yes.

On certain accounts (not collections) specific information is removed from scoring while the dispute is in progress. Once the dispute is over, if the account remains, the information will then be looked at again by the scoring formula, which means your scores will re-adjust. They may or may not go back to their previous scores, depends on what changes.

Oh, so more than likely, my increase in scores, is due to the dispute in progress?

Re: Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 16:08:07 GMT

Maybe! If you disputed a baddie and it is not deleted you may see your score go down again after the dispute is completed. If the baddie is deleted (after completion) then it will stay as it is now

Re: Someone please refresh my memory

Anonymous — Wed, 29 Apr 2009 20:13:16 GMT

@Anonymous wrote:
Maybe! If you disputed a baddie and it is not deleted you may see your score go down again after the dispute is completed. If the baddie is deleted (after completion) then it will stay as it is now