topic Credit Score affected by multiple disputes initiated on the same day? in General Credit Topics

Credit Score affected by multiple disputes initiated on the same day?

chaveza27 — Fri, 28 Jun 2013 13:20:23 GMT

A couple of days ago I initiated some disputes on my credit report for multiple items. Today my score dropped by 13 points and the alert is telling me that it was because there were multiple changes to my Eq credit report. The details on the changes are that the status of the accounts I disputed are currently being investigated. Will disputing multiple accounts at once hurt my score? Will my score go back up at least to where it was once the investigagion process is complete?

Re: Credit Score affected by multiple disputes initiated on the same day?

takeshi74 — Fri, 28 Jun 2013 13:56:44 GMT

The dispute itself doesn't cause a negative impact to your score. However, disputed accounts are not factored into your score so temporarily losing the postiive factors of those accounts can cause a temporary score drop. Don't worry until the investigation is over.

As with any discussion forum site, don't overlook prior threads on the topic:

https://www.google.com/search?q=dispute+score+drop+site%3Aficoforums.myfico.com&rlz=1C1CHKZ_enUS437US437&oq=dispute+score+drop+site%3Aficoforums.myfico.com&aqs=chrome.0.57.12955j0&sourceid=chrome&ie=UTF-8

Re: Credit Score affected by multiple disputes initiated on the same day?

Anonymous — Fri, 28 Jun 2013 16:36:38 GMT

@chaveza27 wrote:
A couple of days ago I initiated some disputes on my credit report for multiple items. Today my score dropped by 13 points and the alert is telling me that it was because there were multiple changes to my Eq credit report. The details on the changes are that the status of the accounts I disputed are currently being investigated. Will disputing multiple accounts at once hurt my score? Will my score go back up at least to where it was once the investigagion process is complete?

When you dispute any OC accounts certain aspects of those accounts are removed from scoring. It could have cause the score drop. When the dispute is resolved your score will either go back to pre dispute or up or down depending on the outcome of the dispute.

CAs and PRs are not removed during a dispute and are fully factored in.