Around the second week of April, I submitted an online dispute- individually with all three bureaus. This was for a 4 year old collection that has been weighing my scores down. I had never disputed a collection before, so when I finally got results from Experian last night, I just assumed it was going to remain on my report.
Instead, to my jumping for joy explosion, they said it was now deleted and removed from my report. FANTASTIC. It wasn't until I followed up this morning, to find out just how heavy it was- My Experian FICO8 jumped 50 points right up to the 700 mark.
Yep, I'm partially now peaking into the 700club door. Which leads to my question for you guys....
What can I and should I expect here? Will I be needing to wait it out for results with the other bureaus? And what's the likelihood they come back with the same results? Am I misinformed that once a collection is removed from one bureau, the other two must comply and do the same with that account? I'm in new territory, educate me please!
Instead, to my jumping for joy explosion, they said it was now deleted and removed from my report. FANTASTIC. It wasn't until I followed up this morning, to find out just how heavy it was- My Experian FICO8 jumped 50 points right up to the 700 mark.
Yep, I'm partially now peaking into the 700club door. Which leads to my question for you guys....
What can I and should I expect here? Will I be needing to wait it out for results with the other bureaus? And what's the likelihood they come back with the same results? Am I misinformed that once a collection is removed from one bureau, the other two must comply and do the same with that account? I'm in new territory, educate me please!
That's awesome, congrats!!! Unfortunately, you may have varying experiences with the other two CBs. From what I've read around here, Experian is usually the quickest to update, and Equifax is the worst. Good luck!
Thanks!!
My experience dealing with all three have been Experian on top as well, and TransUnion dragging major tail. But will the other two eventually have to follow suit and update accordingly?
My experience dealing with all three have been Experian on top as well, and TransUnion dragging major tail. But will the other two eventually have to follow suit and update accordingly?
@RobertEG
Excellent insight and questions. I've been trying to get to the bottom of it today. Here's a little history on the collection. I was moving from an apartment company at the time. I followed through with all vacating procedures and in fact, have it reported "Current/PIF" on their behalf.
However, with no formal notification, I discovered this collection on my CR for monies owed- plus interest. I've been in no position to investigate or fight it over the past 4 years, until now.
Looking back through my Experian account, of the several result statements, it reads "Deleted & Removed". The dispute was launched 4/16 and completed 5/8, well below the 30 day requirement.
While typing this, I found out I am receiving a letter from EX today, so hopefully I can update with more specifics.
Excellent insight and questions. I've been trying to get to the bottom of it today. Here's a little history on the collection. I was moving from an apartment company at the time. I followed through with all vacating procedures and in fact, have it reported "Current/PIF" on their behalf.
However, with no formal notification, I discovered this collection on my CR for monies owed- plus interest. I've been in no position to investigate or fight it over the past 4 years, until now.
Looking back through my Experian account, of the several result statements, it reads "Deleted & Removed". The dispute was launched 4/16 and completed 5/8, well below the 30 day requirement.
While typing this, I found out I am receiving a letter from EX today, so hopefully I can update with more specifics.
@calyx I do have a tendency of getting ahead of myself. I probably should have some other results within a week or so.
Update: I'm flying on cloud 9 guys! Experian officially stated reasoning yesterday, that the collection was found to be obtained improperly. And early this morning I received updates from both the TU and EQ disputes that they concluded the same and the collection has been formally removed from all reports (being jointly responsible- including my wife's!!)
All 6 reports.
I can't wait to get all of the updated reports and scores. Finally a success story for me that I hope will encourage others 👍🏽
All 6 reports.
I can't wait to get all of the updated reports and scores. Finally a success story for me that I hope will encourage others 👍🏽
Midknightocd the removal is totally AWESOME ... CONGRATS! A score increase of 50+ is enough to float anybody's balloon or is it boat? Glad you went after the matter! Speaking with experience, be tough on any legal Credit Bureau items and go after them and the reporting agencies. It pays as you know! 
That’s awesome!!! I’m so glad it was resolved so quickly. It seems these things can be dragged out for ages. Glad to see the system can work!