Equifax problems. Unfortunately Equifax has been the worst CRA to deal with. Their system is proof that FICO scoring is an innacuarate methodology. So I discharged six months ago. I have sent them thee certified letters requesting changes pre and post BK discharge. They updated 50% of my report correctly to show IIB. Then the following month actually changed it back to reflect Closed/Collection accounts as newly reported accounts!!!!.(all accounts were included and discharged in BK and letters sent to prove!!)
I have now gone round three times with them to resolve this. They blame the original debtor HSBC and Cap1 but the accounts in question are nearly eight years old and neither company can find any record of them in their system. Union and Exp have both reported correctly from the first letter, my scores have improved and credit is easier to get (recent 1300 Barclaycard!!!) however Equifax still cannot get their S**T together. I have even sent them copies of the other reports to show correctly!!!!
Whats most annoying is that Equifax continually wants me to sign up for its monitoring service at every contact, emails etc etc Why would I pay to see an INCORRECT REPORT!!!!!!!
Equifax is proof that the system is broken and other than hiring a lawyer to try and resolve issues that are protected under Federal Law I continue to suffer in my rebuild becuase of one monopolies control on information and its misuse.
