topic Re: Question About score in Rebuilding Your Credit

Question About score (dispute)

Anonymous — Wed, 17 Mar 2010 02:12:28 GMT

Today I got a scorewatch alert that my score went up 10 points but the account that made it go up I am disputing but only did the dispute threw Experian so far if I just do the dispute threw one CRA do they contact all the others I am just confused this is what it said This is from the score watch threw EQ (I did not dispute threw them yet) Is it a good thing or bad? Any input would be great

Thank You

Previously reported	Newly reported
Balance:	$1,122	$1,129
Past due:	$1,122	$1,129
Status:	At least 120 days or more than four payments past due	At least 120 days or more than four payments past due
Last activity:	10/1/2003	10/1/2003
Description:	Collection account	Consumer disputes this account information Collection account

Re: Question About score

Anonymous — Tue, 16 Mar 2010 18:36:44 GMT

You have to dispute the TL through each CRA. They do not talk to one another.

Just from looking at the date of last activity, it seems this should no longer be reported? Do you know what the DoFD is.

Re: Question About score

Anonymous — Tue, 16 Mar 2010 19:12:11 GMT

I think it is 8/2003 from the OC so does it matter if its with CA I am just so confused about the whole thing.

This is what the CA is reporting though EX

Status:
Collection account. $1,129 past due as of Mar 2010

Date Opened:
04/2009
Date of Status:
06/2009
Reported Since:
06/2009
Last Reported Date:
03/2010

Type:
Installment
Terms:
1 Months
Monthly Payment:
$0
Responsibility:
Individual

Credit Limit:
$1,056
High Balance:
N/A
Recent Balance:
$1,129
Recent Payment:
$0

Account History:
Collection as of Jun 2009 to Mar 2010

Re: Question About score

Anonymous — Tue, 16 Mar 2010 19:16:14 GMT

So I got my free annual report from EQ online and the PINNACLE CREDIT SERVICES is listed under closed accounts and does say

Consumer disputes this account information,
Collection account

I NEVER DISPUTED THIS THROUGH EQ I disputed it though EX

I am so confused can anyone make anything from this

This is through EQ

PINNACLE CREDIT SERVICES L

PO Box 640
Hopkins, MN-553430640

Account Number: Current Status:
Account Owner: Individual Account. High Credit: $1,056
Type of Account : Open Credit Limit: $0
Term Duration: Terms Frequency:
Date Opened: 04/2009 Balance: $1,129
Date Reported: 03/2010 Amount Past Due: $1,129
Date of Last Payment: Actual Payment Amount: $0
Scheduled Payment Amount: $0 Date of Last Activity: N/A
Date Major Delinquency First Reported: 06/2009 Months Reviewed: 8
Creditor Classification: Financial Activity Description: N/A
Charge Off Amount: $0 Deferred Payment Start Date:
Balloon Payment Amount: $0 Balloon Payment Date:
Date Closed: Type of Loan: Collection Agency/Attorney
Date of First Delinquency: 10/2003
Comments: Consumer disputes this account information,
Collection account
81-Month Payment History
No 81-Month Payment Data available for display.

Re: Question About score

Anonymous — Tue, 16 Mar 2010 19:45:59 GMT

This should be off your CR by Apr 2011. I would not touch it.

Re: Question About score

Anonymous — Tue, 16 Mar 2010 20:51:19 GMT

But I already diputed it because I did not no what it was from I thought they it was from 2009 so I disputed it with EX but now it also says disputing it with EQ why would that happen if I never disputed with them what is going to happen now that I disputed it with EX I am just so confussed I feel like i should give up so I dont lower the score

Re: Question About score

Anonymous — Wed, 17 Mar 2010 02:08:09 GMT

Well, I disputed a bill the samething you did threw one credit card company and they updated my reports on all 3 credit reports. You have nothing to worry about.

Re: Question About score

Anonymous — Wed, 17 Mar 2010 02:14:28 GMT

Camelle38 Did you dispute it though the Credit Reporting Agency?

Re: Question About score

MarineVietVet — Wed, 17 Mar 2010 04:38:53 GMT

@Anonymous wrote:
But I already diputed it because I did not no what it was from I thought they it was from 2009 so I disputed it with EX but now it also says disputing it with EQ why would that happen if I never disputed with them what is going to happen now that I disputed it with EX I am just so confussed I feel like i should give up so I dont lower the score

As guiness said this will be gone in just about a year. Nothing can change that date.

From a BK years ago to:
7/09 TU-742 EQ- 779
8/09 TU-765 EQ- 783
9/09 EX pulled by lender 802

You can do the same thing with hard work

Credit Scoring 101
Common Abbreviations
Frequently Requested Threads
Credit Problems Which Is Worse?
Whats In Your FICO Score

Re: Question About score

Anonymous — Wed, 17 Mar 2010 13:58:37 GMT

well I am glad that it is going to fall of soon. But does anyone no why is I disputed though EX why on my EQ report it is disputed to? When I did not dispute it with them.

Re: Question About score

Anonymous — Wed, 17 Mar 2010 20:20:22 GMT

The only way it would show as a dispute on all 3 CRAs is if you disputed the account directly with the CC company. They would have to notify each CRA that the account was in dispute.

By disputing with one, it does not automatically get disputed with the other 2 CRAs. They do not talk to each other.

Re: Question About score

Anonymous — Tue, 23 Mar 2010 20:17:32 GMT

I do not believe that to be completely true just based on my personal experience. I disputed only through Experian and it resulted in Equifax updateing their tradeline indicating that it was in dispute also. I never disputed directly with the creditor only through the experian's online dispute method so I do believe that when one dispute results in a creditor having to update their files, the rest follow suit. At least thats been the case with several disputes because of being a junior.

Re: Question About score

Anonymous — Tue, 23 Mar 2010 21:02:19 GMT

@Anonymous wrote:
I do not believe that to be completely true just based on my personal experience. I disputed only through Experian and it resulted in Equifax updateing their tradeline indicating that it was in dispute also. I never disputed directly with the creditor only through the experian's online dispute method so I do believe that when one dispute results in a creditor having to update their files, the rest follow suit. At least thats been the case with several disputes because of being a junior.

Whether you believe it or not, it is true. The only times the CRAs communicate with one another is for a fraud alert or identity theft.

The CRAs do have to notify the creditor of the dispute and it is possible the creditor turned around and notified the other CRAs, which is a requirement.

Re: Question About score

Anonymous — Tue, 23 Mar 2010 21:31:54 GMT

Actually she may be right because I just had the same thing happen to me. I recently entered an online dispute via experian website, and after 30 days the dispute was removed from both experian and transunion. I havent checked my equifax(wouldnt let me order online, whats new) so i am waiting for the report by mail to see if it affected that one too. Can anyone shed some light on this as I was pretty confused but didnt want to tamper since the collections were actually deleted!

Re: Question About score (dispute)

Anonymous — Tue, 23 Mar 2010 22:09:03 GMT

The "consumer disputes this account" is a comment placed on your account by the account holder that is reporting the account to the CRA. It was more than likely added when they received the dispute from the CRA that you filed the dispute with. When they report your account to the other CRA's the comment shows. The comment is therefore coming the account holder not the CRA.

Re: Question About score (dispute)I

Anonymous — Wed, 24 Mar 2010 11:25:24 GMT

I am a victim of id theft . I have an example that all three credit bureaus do not follow the same laws that are per the ftc. In fact i sent a police report too all three credit bureaus. Equifax is the only agency that did an investigation and blocked all the id theft accounts and took them off.

experian and transunion ignore the police report and all letters i have report id theft too the postmaster general, ftc and florida attorney generals office and i sent them a fraud id theft affidavit that was notorized and they still report the negative theft accounts on my credit reports. this has been going on since 2006 and they also block me from disputing those accounts by online and also by mail they come back saying the accounts were verified yet equifax took everything off and blocked all negative information.

i am not understanding if there are special laws by the ftc why arent the all the agencies following the same laws and doing exactly the same thing .

they were provided the same exact information and disputed the same way. i have fraud alerts on all three also.

thanks

chuck

also the scores for

equifax 663

experian 588

transunion 599