Yes. Amex last week lowered our credit limit by $7500. I ordered a credit report and there was an error that indicated an account had been placed for collection; I contacted the creditor and they contacted the 3 bureaus to have the error deleted. BUT this error had apparently been on my report for over a year, so it seems that Amex only recently became concerned about it. I need help with 2 Experian problems:
1. How do ask Experian to report the correction to Amex AND make sure they do it?
2. On the "Credit Summary" section of my Experian report, under Real Estate accounts, they overstate my mortgage debt by $262,400 because they are counting an old mortgage that their own report states (under "Accounts in Good Standing") is "Closed, Paid/Never Late". I've called every number I can find for Experian and they all say that it can't be corrected, that all I can do is request a Dispute Investigation. When I did that, the creditor correctly verified that the account is indeed closed and paid. But Experian still won't correct my debt total, which I assume is affecting my credit score. How do I force them to correct it? Thank you.
read my siggy, lol. amex cld from 4k to 500.
yeaars ago wells fargo, something about thier guidlines changed and lot's of people were cld'd.
Hasn't happened yet (both mine & husband's credit lines all un-slashed) - "yet" being the operative word here. I'm just trying to do everything I can to keep those babies intact... makes for good credit discipline, if nothing else!
Feels like I'm tempting fate by even SAYING it's not happened...
Not yet....Knock on wood.
Although I am not concerned if they did. I only charge 1% every month to get the good mix of credit points.
Scores in sig.