topic Re: EQUIFAX Stopped reporting my Auto and Student Loans in General Credit Topics

EQUIFAX Stopped reporting my Auto and Student Loans

Anonymous — Sat, 29 Aug 2020 17:25:16 GMT

My EQX FICO score dropped 37 points. It says that I have no loan activity. When I went to EQX Website directly it says 740 and evrything is up to date. Experian also reported that my score dropped 37 points and that my Auto/Student Loans is reported as "Closed" but I'm still very much paying for them both. I'm not sure whats going on but but is anyone else having this problem? Is FICO EQX not reporting Auto and Student Loans anymore?

Re: EQUIFAX Stopped reporting my Auto and Student Loans

AllZero — Sat, 29 Aug 2020 17:29:05 GMT

@Anonymous Glitch in the matrix? Some other members have posted issues too with EQ. Not sure on your Experian.

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/34-point-drop-EQ-for-no-non-mortgage-loans-but-I-have-multiple/td-p/6120437

https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Equifax-incorrectly-reported-0-utilization-on-CR-no-installment/td-p/6120246

Re: EQUIFAX Stopped reporting my Auto and Student Loans

blindambition — Sat, 29 Aug 2020 17:33:59 GMT

Sorry OP! EQ seems to be suffering some sort of system glitch. Multiple reports of similar alerts. I'd wait a bit and see if resolves itself. I'm sure it's easier said than done.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

blindambition — Sat, 29 Aug 2020 17:49:12 GMT

Are you using MYFICO as your CMS. A couple others said they were. I'm wondering if MF is the one suffering glitch.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

AllZero — Sat, 29 Aug 2020 17:50:24 GMT

@blindambition wrote:
Are you using MYFICO as your CMS. A couple others said they were. I'm wondering if MF is the one suffering glitch.

Good point. I was thinking the same thing too.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

Anonymous — Sat, 29 Aug 2020 17:56:42 GMT

That may be it. EQUFAX webiste says evrything is fine and up to date. Evrything is being reported! my score if 740. Seems like MF is the one with the issue. That makes me feel a bit better.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

OmarGB9 — Sun, 30 Aug 2020 04:33:37 GMT

Note that EQ's score from their website is some proprietary score - not a true FICO.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

Sbrooks1 — Sun, 30 Aug 2020 17:03:14 GMT

My EQ says no open installment loans, so I dont believe its a My Fico issue.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

blindambition — Sun, 30 Aug 2020 17:14:25 GMT

@Sbrooks1 wrote:
My EQ says no open installment loans, so I dont believe its a My Fico issue.

From another post later yesterday. MyFICO stated to a subscriber. Equifax encountered issues with August batch runs. They're working on getting it corrected.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

Anonymous — Mon, 31 Aug 2020 04:26:18 GMT

@Anonymous wrote:
My EQX FICO score dropped 37 points. It says that I have no loan activity. When I went to EQX Website directly it says 740 and evrything is up to date. Experian also reported that my score dropped 37 points and that my Auto/Student Loans is reported as "Closed" but I'm still very much paying for them both. I'm not sure whats going on but but is anyone else having this problem? Is FICO EQX not reporting Auto and Student Loans anymore?

i would pull your CRs for free from annual credit report (no scores, but the reporting is what is important here, and free to pull weekly through 4/2021) and see what is being reported (open or closed). They are the most comprehensive CRs around.

Good luck!

Re: EQUIFAX Stopped reporting my Auto and Student Loans

cashorcharge — Tue, 01 Sep 2020 03:17:20 GMT

I found out this morning that I have a similar issue as well.

I admit I ping my report between all my services a lot. Between, CK, EX and MF...I see my CR's a lot and that's a lot of self/soft pulls.

This morning I reviewed my CK and my EQ score JUMPED 63 points since last week FRI which is impossible. Now I'm thinking..okay, score jump...what happened...well all my Installment Accounts are showing Closed...Mortgage, Car Loans all show closed and as a result, my util went to ZERO (I haven't carried other balances) and while the score jump is nice...it's clearly not right. As it's the end of the month and these accounts will report again in the coming weeks with the next payment have been posted, I am hoping it corrects itself.

I am going to stop pinging these reports every day myself as well. I went to AnnualCreditReport and sure enough...the error visible there too so it's clearly an EQ problem as all the viewing I'm seeing is showing the same errors. As my accounts continue to post payments over the next few weeks, I am thinking EQ will notice that those lenders are all posting payments for accounts they have listed as closed and it will correct itself. I'm already feeling skeptical typing this. Think positive! Think positive!

Re: EQUIFAX Stopped reporting my Auto and Student Loans

Brian_Earl_Spilner — Tue, 01 Sep 2020 03:24:17 GMT

@blindambition wrote:
Are you using MYFICO as your CMS. A couple others said they were. I'm wondering if MF is the one suffering glitch.

That's not it. I found out from credit karma my student loans were removed.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

Adkins — Tue, 01 Sep 2020 05:37:33 GMT

Interesting. All of my student loans are still showing.

Re: EQUIFAX Stopped reporting my Auto and Student Loans

blindambition — Tue, 01 Sep 2020 17:14:35 GMT

@cashorcharge wrote:
I found out this morning that I have a similar issue as well.
I admit I ping my report between all my services a lot. Between, CK, EX and MF...I see my CR's a lot and that's a lot of self/soft pulls.

This morning I reviewed my CK and my EQ score JUMPED 63 points since last week FRI which is impossible. Now I'm thinking..okay, score jump...what happened...well all my Installment Accounts are showing Closed...Mortgage, Car Loans all show closed and as a result, my util went to ZERO (I haven't carried other balances) and while the score jump is nice...it's clearly not right. As it's the end of the month and these accounts will report again in the coming weeks with the next payment have been posted, I am hoping it corrects itself.

I am going to stop pinging these reports every day myself as well. I went to AnnualCreditReport and sure enough...the error visible there too so it's clearly an EQ problem as all the viewing I'm seeing is showing the same errors. As my accounts continue to post payments over the next few weeks, I am thinking EQ will notice that those lenders are all posting payments for accounts they have listed as closed and it will correct itself. I'm already feeling skeptical typing this. Think positive! Think positive!

I hope you see a fix soon. My anxiety would have me flip my shyte, and sleepless nights.