topic Re: Equifax nightmare!!!!! in General Credit Topics

Equifax nightmare!!!!!

Anonymous — Tue, 15 Sep 2009 02:04:08 GMT

Currently on my credit report I "should" have 3 credit cards, 1 student loan, 1 auto loan and 1 personal loan. But I don't I have 3 credit cards, 1 student loan, 2 auto loans and 1 personal loan.

The personal loan and auto loan is with my Credit Union (Comstar FCU). It would appear that I have on my credit report 2 auto loans with them, but one says it was opened in 2004 and the other is opened in 2009. The one in 2004 was my old auto loan which is paid off and closed. Looks like when I got a new auto loan in Jan/2009, equifax reactivated my old loan.

I have disputed this with Comstar and Equifax several times and both seem to say that they are reporting it correctly and/or verified. It is hard because the my account number with this credit union is my 6 digit saving account number with and a 2 digit extension. Which I can not see because Equifax blocks the last 4 digits and I am unable to see it.

How Can I get equifax to give the whole account number? So, I can make a valid dispute?

Re: Equifax nightmare!!!!!

DI — Tue, 15 Sep 2009 17:06:36 GMT

The problem is with the creditor who's reporting the information. File a complaint with the BBB.

Re: Equifax nightmare!!!!!

jackg — Tue, 15 Sep 2009 19:53:52 GMT

HingVA,

Perhaps I'm missing something but if you paid off your auto loan it will report as "closed" but continue to report to the CRA's for 10 years, this is a good thing.

Why do you say that it looks like EQ re-activated your old loan? What is TU & EX reporting about this acct?

Re: Equifax nightmare!!!!!

iDShaDoW — Wed, 16 Sep 2009 21:46:23 GMT

I agree with Jackg, unless the trade line is negative in some way you should be fine.

Make sure it reports as "Closed" or "In Good Standing" or something like that showing that you paid it all off and in a timely manner.

It'll just go to further show future creditors and lenders that you're a reliable borrower.

Re: Equifax nightmare!!!!!

Anonymous — Fri, 18 Sep 2009 17:12:58 GMT

This is the deal. I got an auto loan back in 2004 from Comstar FCU. That loan has been paid off already. Then I got a new car and got a loan with Comstar again in Jan of 2009. Then i see two auto loans posted from Comstar. They both have all the same information but one the open date is 2004 and 2009. So, it seems that some how someone has reactivated my old loan and now it seems i have double the debt. So does that make a little more sense now? So I've have been speaking to someone at Comstar and they said they are only reporting one loan. She does not know how that other got there. It is hard to see what it is because I can't see what the account numbers are. Since euifax covers up the last 4 digits. All of my loans with my credit union have the same account number but the last two.

Re: Equifax nightmare!!!!!

jackg — Fri, 18 Sep 2009 17:35:09 GMT

HingVA,

That makes more sense now, thanks. Do you use True Credit for credit report monitoring? If you do you can do an on-line dispute to get to the TU credit report and that report has complete acct. numbers. That's the only way I know to get complete acct. #'s. Have you asked the CU for the number?

Good Luck

Re: Equifax nightmare!!!!!

Anonymous — Fri, 18 Sep 2009 18:55:27 GMT

contacting the BBB is useless as creditors aren't required to report my credit union doesn't report to TU

Re: Equifax nightmare!!!!!

Anonymous — Fri, 18 Sep 2009 20:51:40 GMT

Jackg,

Thanks I have used TU and I will try that. Thank you very much!

Re: Equifax nightmare!!!!!

IOBA — Sat, 19 Sep 2009 02:12:08 GMT

A relatively quick and easy fix is to send a copy of the paid in full letter for the first vehicle, to the credit bureaus. They can update the tradeline to report paid in full.

Re: Equifax nightmare!!!!!

clocktick — Mon, 21 Sep 2009 13:58:37 GMT

I have this same exact "issue" and wrote about on here last year I believe it was. I have a closed car loan from (trying to remember correctly) 2001 showing up on my Transunion that was paid off years ago and it shows $0 balance yet status is OPEN. Basically I was told that it's not harming anything and to just leave it. That's exactly what I'm doing. Is there a specific reason, besides accuracy, that you really want it to state closed rather than open? Being that there's no balance I couldn't find an issue with it. It can be easily explained in a manual review and it may last years long on your CR which would be a positive thing. It won't affect you from receiving credit in the future either.

Re: Equifax nightmare!!!!!

Anonymous — Mon, 21 Sep 2009 23:26:07 GMT

With regards to pulling up the "full" account number... I've had better luck obtaining that information from annualcreditreport.com. I have individual accounts at each of the CBs, I don't think I've ever seen any of them give the full account number.Or if you've filed a dispute online with one of the CBs, they'll usually display a full CR with complete account numbers as well. At least with my experience on collection accountsand the one installment account I had.

Re: Equifax nightmare!!!!!

Anonymous — Tue, 22 Sep 2009 02:30:09 GMT

@clocktick wrote:
I have this same exact "issue" and wrote about on here last year I believe it was. I have a closed car loan from (trying to remember correctly) 2001 showing up on my Transunion that was paid off years ago and it shows $0 balance yet status is OPEN. Basically I was told that it's not harming anything and to just leave it. That's exactly what I'm doing. Is there a specific reason, besides accuracy, that you really want it to state closed rather than open? Being that there's no balance I couldn't find an issue with it. It can be easily explained in a manual review and it may last years long on your CR which would be a positive thing. It won't affect you from receiving credit in the future either.

The problem is that the balance is not zero, it shows that the balance is for the same amount as my current car loan and each months that go by the balance has not changed. So my debt to income ratio is high and it shows that my debt is pretty high. If it was zero i wouldn't bother.

Re: Equifax nightmare!!!!!

Anonymous — Tue, 22 Sep 2009 02:33:21 GMT

@Anonymous wrote:
With regards to pulling up the "full" account number... I've had better luck obtaining that information from annualcreditreport.com. I have individual accounts at each of the CBs, I don't think I've ever seen any of them give the full account number.Or if you've filed a dispute online with one of the CBs, they'll usually display a full CR with complete account numbers as well. At least with my experience on collection accountsand the one installment account I had.

Transunion does show the whole account number when you dispute, but that auto (duplicate) loan isn't even on my transunion account. It only shows as a duplicate on my EQ report.