FICO Negative Reason Code is inaccurate

Anonymous · ‎03-16-2021

6 months ago I successfully disputed late payments in my credit file, they were removed and I have verified the last few months there is no reference to them. However, when I am reviewing my FICO score I can see comments about what is impacting my FICO score and a comment of too many missed or late payments. This is an old reference, and not verifiable in my current credit files. My current credit scores all range from 750-780, and my FICO is 740. How can I get the FICO information updated from the credit bureaus?

Anonymous · ‎03-16-2021

@Anonymous wrote:
6 months ago I successfully disputed late payments in my credit file, they were removed and I have verified the last few months there is no reference to them. However, when I am reviewing my FICO score I can see comments about what is impacting my FICO score and a comment of too many missed or late payments. This is an old reference, and not verifiable in my current credit files. My current credit scores all range from 750-780, and my FICO is 740. How can I get the FICO information updated from the credit bureaus?

I believe dispute it. 🙏🏻

Anonymous · ‎03-16-2021

Thats the problem. You cannot dispute FICO since they are not a credit bureau. I want accurate and correct information to show relating to my FICO score. You can only dispute with the 3 credit bureaus, and since all 3 credit bureaus are updated there is nothing to dispute with them. Certainly, 6 months is enough time to expect FICO to reflect. I thought about filing a dispute with the credit bureaus but the category of FICO information is not an option to file a dispute. I cannot find where, how, or who to contact about FICO errors.

thornback · ‎03-16-2021

Which service are you using to view this info (myFICO, Experian app, etc)?

Doubtful this is a FICO issue. I think it's a CMS issue with whichever service you're using to view your scores and reports - like the user interface isn't properly updated to reflect the latest report data.

For example, myFICO, in particular, will update scores regularly but not the actual reports, so score reason codes may be outdated and not at all reflective of the latest report data until you pull a new 3 bureau report.

When is the last time you paid for updated reports/scores? Do you have a subscription with a FICO score provider?

@Anonymous wrote:
My current credit scores all range from 750-780, and my FICO is 740. How can I get the FICO information updated from the credit bureaus?

^^ what does this mean? Which service is showing scores of 750-780 and which is showing 740?

Personal Aphorism:"Forget What You Feel, Remember What You Deserve"

Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 04/2022: EX 796 ✦ EQ 793 ✦ TU 790
Current FICO 9s | 04/2022: EX 790 ✦ EQ 788 ✦ TU 782
2022 Goal Score | 800s

My AAoA: 4.6 years not incl. AU / 4.9 years incl. AU
My AoOA: 9.2 years not incl. AU / 11.2 years incl. AU
Inquiries: EX 0/12 ✦ EQ 0/12 ✦ TU 0/12
Report Status: Clean
Garden Status:

Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.

Anonymous · ‎03-16-2021

I think I saw the comments on a link from one of my CC's and a link from somewhere else I cannot remember. I know the FICO score is good and the major 3 even better. It's just the comment is there and I don't like it, lol. I have come a long way from 400 about 11 years ago.

Anonymous · ‎03-16-2021

The major CB score my in the 750-780 range and my FICO is 740, link from my Citi Visa card.

thornback · ‎03-16-2021

@Anonymous wrote:

I know the FICO score is good and the major 3 even better.

You have FICO scores for all 3 bureaus. There is not just one FICO score.

You can get all 3 FICO 8 scores and reports from Experian CreditWorks Premium $1/7-day trial. Just cancel before the trial ends if you don't want the monthly service.

https://www.experian.com/consumer-products/compare-credit-report-and-score-products.html

It seems whatever you viewed may be outdated and you need to pull your most recent data. You also need to be sure whatever score is provided by your cc is a FICO score and not a Vantage 3 model score - they are not the same and FICO is the one used by lenders. Always look at the FAQs or disclaimers to determine which score is being provided.

Personal Aphorism:"Forget What You Feel, Remember What You Deserve"

Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 04/2022: EX 796 ✦ EQ 793 ✦ TU 790
Current FICO 9s | 04/2022: EX 790 ✦ EQ 788 ✦ TU 782
2022 Goal Score | 800s

My AAoA: 4.6 years not incl. AU / 4.9 years incl. AU
My AoOA: 9.2 years not incl. AU / 11.2 years incl. AU
Inquiries: EX 0/12 ✦ EQ 0/12 ✦ TU 0/12
Report Status: Clean
Garden Status:

Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.

thornback · ‎03-16-2021

@Anonymous wrote:
The major CB score my in the 750-780 range and my FICO is 740, link from my Citi Visa card.

Equifax and Transunion websites do not offer FICO scores. Transunion gives you a Vantage 3 score and Equifax offers their own Equifax scoring model that literally no lender uses.

FICO and Vantage can differ by as much as +/- 100 0oints on some profiles because they respond differently to various aspects of, and changes to, your credit.

Experian.com (free version) offers an Experian Fico 8 score. But if you are getting your Experian score from somewhere else, it may be your Experian Vantage 3 score.

Citi provides your Equifax Bankcard FICO 8, which is an industry version of FICO that will differ from FICO 8 Classic. You have a total of 28 FICO scores which includes FICO 8, FICO 9, Auto, Mortgage, and Bankcard versions. All 28 scores will be different and lenders may use any one of those versions but FICO 8 Classic is the most commonly used.

Personal Aphorism:"Forget What You Feel, Remember What You Deserve"

Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 04/2022: EX 796 ✦ EQ 793 ✦ TU 790
Current FICO 9s | 04/2022: EX 790 ✦ EQ 788 ✦ TU 782
2022 Goal Score | 800s

My AAoA: 4.6 years not incl. AU / 4.9 years incl. AU
My AoOA: 9.2 years not incl. AU / 11.2 years incl. AU
Inquiries: EX 0/12 ✦ EQ 0/12 ✦ TU 0/12
Report Status: Clean
Garden Status:

Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.

Anonymous · ‎03-16-2021

Got it. I pulled Equifax and Experian credit reports and visited Transunion's site. Perhaps after I pull a CR from Transunion the Citi FICO will eventually update the comments. Not sure if it matters but I keep my credit froze unless I need it, and then I unfreeze it for a few days.

@thornback wrote:
@Anonymous wrote:
The major CB score my in the 750-780 range and my FICO is 740, link from my Citi Visa card.
Equifax and Transunion websites do not offer FICO scores. Transunion gives you a Vantage 3 score and Equifax offers their own Equifax scoring model that literally no lender uses.

FICO and Vantage can differ by as much as +/- 100 0oints on some profiles because they respond differently to various aspects of, and changes to, your credit.

Experian.com (free version) offers an Experian Fico 8 score. But if you are getting your Experian score from somewhere else, it may be your Experian Vantage 3 score.

Citi provides your Equifax Bankcard FICO 8, which is an industry version of FICO that will differ from FICO 8 Classic. You have a total of 28 FICO scores which includes FICO 8, FICO 9, Auto, Mortgage, and Bankcard versions. All 28 scores will be different and lenders may use any one of those versions but FICO 8 Classic is the most commonly used.

Anonymous · ‎03-16-2021

Have you pulled each CR individually for free yet from

http://www.annualcreditreport.com/ ?

Free weekly til April 2022. 🙏🏻🙏🏻🙏🏻☘️