PittsburgPamela wrote:I have one bad account, an auto loan that I co-signed for my daughter. She defaulted and I paid it in full. On my Equifax report it shows:Status as of: Feb 2007DOLA: Jan 2002Date Closed: Not reportedAccount status: Account is inactiveDescriptions: Paid charge offOn the right side it has: Balance = 0, Current Status = Bad debt/collection, Past due amount = not reported.On Transunion it shows:Status as of: Mar 2002DOLA: Mar 2002Date Closed: Mar 2002Account status: Account is closedDescriptions: Paid profit and lossOn the right side it has: Balance = 0, Current Status = Payment after charge off/collection, Past due amount = 0My Transunion score is 14 points higher than Equifax and this is the only bad thing on either account. I compared all other accounts and they both have the same info on each. Is "Bad debt/collection" a totally different status than "Payment after charge off/collection"? To me that would sound like the first one is still a bad debt in collection.Can I dispute the status of the account?Also, TU says my last late payment was 6 years, 2 months ago. Equifax says 5 years, 5 months ago. They must both be referring to this because there are NO lates on anything else.
PittsburgPamela wrote:Thanks... I went to TU web site and did a dispute and that is where it says:Estimated date that this item will be removed: 12/2008If it doesn't come off the other CRAs at that time then I will dispute. I'm hoping that when this one bad item comes off that my TU score, at least, will go from 742 to closer to 800. 800 is my goal for the next year.