topic Re: Should I dispute this? in General Credit Topics

Should I dispute this?

ambivalent — Wed, 17 May 2017 16:53:04 GMT

Hello!

I purchased my 3B report and noticed on my EX a 90 day late for an auto loan in 2014. This account was IIB in 2012! Would it affect my EX score now, 3 years later?

Thanks for any advice.

Re: Should I dispute this?

Anonymous — Wed, 17 May 2017 17:05:35 GMT

90D lates are supposedly as bad as anything whereas 60D and 30D age off. 90D affect your score for 7 years.

Dispute for sure.

Re: Should I dispute this?

ambivalent — Wed, 17 May 2017 17:17:38 GMT

Thank you, I will log back in and dispute. That is crazy that they can do that. I think it was a "90 days or later." I wonder if this is why my EX is 30 points lower than the other 2.

Re: Should I dispute this?

DaveInAZ — Wed, 17 May 2017 20:13:16 GMT

@prettylady wrote:
Thank you, I will log back in and dispute. That is crazy that they can do that. I think it was a "90 days or later." I wonder if this is why my EX is 30 points lower than the other 2.

Yes, it is most certainly the reason.

Did you use an attorney for your BK? If so you might forward the info to them - reporting a late payment on a debt IIB is an attempt to collect a debt discharged by a Federal Judge, a serious violation of federal law. You can probably collect a nice fine/penalty from them.

Re: Should I dispute this?

ambivalent — Wed, 17 May 2017 21:36:36 GMT

When I logged back in to find it to dispute through EX, it says that it was IIB. But it's on my myfico EX report that it is showing it as a charge-off. What should I do?

Re: Should I dispute this?

RobertEG — Wed, 17 May 2017 21:41:40 GMT

Did the creditor do a charge-off before the BK, or is the loss that is the basis for the CO based on the account having been discharged by the BK?

Re: Should I dispute this?

ambivalent — Wed, 17 May 2017 21:54:10 GMT

It wasn't charged off before the BK. I think I made payments up until I filed. Can someone explain this to me because maybe I'm just confused as to why it looks like this.

Re: Should I dispute this?

RobertEG — Wed, 17 May 2017 22:01:36 GMT

I dont see any reporting of a charge-off........

It appears that they reported referral to a debt collecor in 2014, which would be a disputable inaccuracy if the debt was discharged prior to that date.

Re: Should I dispute this?

ambivalent — Wed, 17 May 2017 22:04:37 GMT

When I scrolled down to the Payment Timeline and the History. It says I have 3 30 day lates and then it says Late 90 Plus Days 1 time in Sept 2014. When I hovered over the little red dot, it said Charge Off, September 2014. My BK was discharged in Oct 2012.

Re: Should I dispute this?

ambivalent — Wed, 17 May 2017 22:07:39 GMT

Thank you. I will dispute this. Again.

Re: Should I dispute this?

RobertEG — Wed, 17 May 2017 22:59:38 GMT

I would first order a more complete report from annualcreditreport.com if you still have a freebie.