topic Re: Disputing with CRAs in General Credit Topics

Disputing with CRAs

Red1Blue — Tue, 03 Aug 2021 06:03:47 GMT

When disputing with CRAs do we have to dispute with each CRA or is there a central place we can submit the dispute and that would be sent to all 3 major CRAs ?

Re: Disputing with CRAs

OmarGB9 — Tue, 03 Aug 2021 13:53:38 GMT

If the error is across all 3 bureaus, you must dispute with each individual one. Unless you do a "direct dispute" with the creditor, then it sometimes gets sent out to all 3 bureaus.

Re: Disputing with CRAs

NaimeseOGK — Sun, 08 Aug 2021 10:47:20 GMT

When I disputed a collection with experian. Transunion and Equifax ended up deleting the collection without me disputing with them.

Re: Disputing with CRAs

FireMedic1 — Sun, 08 Aug 2021 14:40:33 GMT

@NaimeseOGK wrote:
When I disputed a collection with experian. Transunion and Equifax ended up deleting the collection without me disputing with them.

The CA got the dispute info from EX. And since they report to all 3. They probably sent it out to delete to the other 2 CRA's. The three national credit reporting agencies don't share information with each other and not all lenders or creditors report to each. As such, your credit reports from TransUnion, Equifax and Experian can contain different information about you.

Re: Disputing with CRAs

ficonovice — Mon, 09 Aug 2021 19:20:56 GMT

I have a collection account that is set to drop off my reports in approx. 1 year.

I'm inclined to dispute it, but don't want to touch it if I run the risk of it being "re-aged" somehow.

Generally speaking, is it safe to dispute collection accounts without adverse actions occurring?

Thanks.

Re: Disputing with CRAs

OmarGB9 — Mon, 09 Aug 2021 23:16:48 GMT

@ficonovice wrote:
I have a collection account that is set to drop off my reports in approx. 1 year.
I'm inclined to dispute it, but don't want to touch it if I run the risk of it being "re-aged" somehow.

Generally speaking, is it safe to dispute collection accounts without adverse actions occurring?

Thanks.

It can't be legally re-aged, but it can and will probably be updated, which, while it won't make it stay on your reports longer, WILL make it look "fresh" to the FICO algorithm, costing you points if it hasn't updated in a long time.

Why do you want to dispute it?

Re: Disputing with CRAs

NaimeseOGK — Tue, 10 Aug 2021 10:11:46 GMT

You plan on applying for anything within the year ?