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Help with an almost 10 yr old Cap1 CC still on CR

Birdman7
Super Contributor

Re: Help with an almost 10 yr old Cap1 CC still on CR

@LaHossBoss Well if it was years ago then there is no active dispute. As a consequence it should probably stay. If there were an active dispute then I would fear that it might be removed soon.

 

That's simply a note that you disputed in the past I believe.

-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.

RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 31 of 34
Birdman7
Super Contributor

Re: Help with an almost 10 yr old Cap1 CC still on CR

@LaHossBoss And yes if you dispute again it they may remove the whole account.

And the reason it doesn’t show anything negative is because the negatives had to drop at 7 years whereas the account can stay as long as 10 years and sometimes much longer.

-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.

RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 32 of 34
LaHossBoss
Valued Contributor

Re: Help with an almost 10 yr old Cap1 CC still on CR


@Birdman7 wrote:

@LaHossBoss And yes if you dispute again it they may remove the whole account.

And the reason it doesn’t show anything negative is because the negatives had to drop at 7 years whereas the account can stay as long as 10 years and sometimes much longer.


Thank you for the follow ups, I truly appreciate the insight. I totally get that there were negatives before and they have long since dropped off as the account is so old. I just wasn't sure if during a manual review when I were to, say, app for a mortgage, that would be an issue. It is definitely not being actively disputed and nor do I plan to dispute it. I just wasn't sure if I should ask them to remove the remark since it is not being disputed any longer. I will just let it sit and see if the TL is still even there when I do app for a mortgage (at least 1-3 years from now, after rebuilding) and if they require the remark to be removed.

 

Thanks again!




Starting Score: 2•20 | EQ 550 | TU 498 | EX 505
Current Score: 2•21 | EQ [F8 640] [F9 645] [EQ5 678] [VS3 651] | TU [F8 611] [F9 595] [TU4 629] [VS3 605] | EX [F8 612] [F9 651] [EX2 628] [VS3 589]
Goal Score: 670


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SO Starting Score: 2•20 | EQ 502 | TU 484 | EX 521
SO Current Score: 2•21 | EQ [F8 665] [F9 659] [EQ5 657] [VS3 655] | TU [F8 673] [F9 659] [TU4 644] [VS3 674] [VS4 658] | EX [F8 659] [F9 664] [EX2 638] [VS3 680]
Goal Score: 670 [X] TU


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Message 33 of 34
Birdman7
Super Contributor

Re: Help with an almost 10 yr old Cap1 CC still on CR

@LaHossBoss We can only hope it will still be there, it can possibly drop at 10 years of age, but many times it sticks around a lot longer so let’s hope for your sake it does stay.

I apologize for the delay in my follow ups life has just been crazy lately.

-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.

RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 34 of 34
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