getting random information changed/deleted from report

[Anonymous]

Hi All,

I have been LEARNING a LOT from this board for the past 8 months and finally have some questions. My husband and I are interested in buying a house by the end of the year and in looking at my reports I am finding "small" things to dispute but am not quite sure how to go about it. My score ranges between the three bureaus from 691-724 and I would like to be closer to 800 before buying a house for the best rates (hopefully). My questions are below:

1) Best Buy store card reports as late 30 days once but does not have a date and portfolio has been bought twice by two different banks since opening the card. This makes a "delinquent"  mark on my report (which i am not sure should be there (had the card for over 10 years)) but I think the worst part is that FICO doesn't know how to calculate this because it says time since delinquency is too recent or unknown. How can I get the company to remove this or at least give it a date so that my score/history is more accurate? 

2) I had a car loan that is now paid off but during the time I had the loan I made late payment agreements with the company because of a hardship (the payments got added to the end of the loan and even paid off early when I started a new job). Can the company report those times as late payemnts (not sure they change my score much as they are old but I am just wondering)? Is there potentially a way to get them to remove this since its now paid off?

3) A store card of mine was automatically upgraded to a Mastercard version of the card and that started a new account for me-the reporting for the old account is still on my card but I am wondering if that affects my score as a new recent account? or the increased credit limit?

 Any insight would be greatly appreciated!

[gdale6]

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@Anonymous wrote:

Hi All,

I have been LEARNING a LOT from this board for the past 8 months and finally have some questions. My husband and I are interested in buying a house by the end of the year and in looking at my reports I am finding "small" things to dispute but am not quite sure how to go about it. My score ranges between the three bureaus from 691-724 and I would like to be closer to 800 before buying a house for the best rates (hopefully). My questions are below:

1) Best Buy store card reports as late 30 days once but does not have a date and portfolio has been bought twice by two different banks since opening the card. This makes a "delinquent"  mark on my report (which i am not sure should be there (had the card for over 10 years)) but I think the worst part is that FICO doesn't know how to calculate this because it says time since delinquency is too recent or unknown. How can I get the company to remove this or at least give it a date so that my score/history is more accurate?  If you dont remember making a 30 day late payment then I would just dispute it as inaccuratel the caveat to this is if it really has been late 30 and more than once you could end up with the opposite of what you are trying to get. If it is saying this poat 7 years then dispute it as obsolete.

2) I had a car loan that is now paid off but during the time I had the loan I made late payment agreements with the company because of a hardship (the payments got added to the end of the loan and even paid off early when I started a new job). Can the company report those times as late payemnts (not sure they change my score much as they are old but I am just wondering)? An agreement to move them to the rear does not mean a 30 day late, this is forbearance of that payment Is there potentially a way to get them to remove this since its now paid off? If they are actually reporting it as late dispute it, if its an agreed forbearance I have no idea why they would even make comments to it, can GW it as well.

3) A store card of mine was automatically upgraded to a Mastercard version of the card and that started a new account for me-the reporting for the old account is still on my card but I am wondering if that affects my score as a new recent account? most would retain the date the original store card was opened, there are a few that report it as a new account (WMart comes to mind) or the increased credit limit? The new CL assigned to the upgraded card is not going to be reflected on the store card

 Any insight would be greatly appreciated!

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[Anonymous]

Thanks! follow up question:

1) How do I go about finding the particular bank that marked me as late? Best Buy doesn't give me bills before 2013 (not sure if that's because they just dont kepe records online that long or thats the last time the portfolio was purchased)?

[KnightMare]

Best Buy switched in 2013 from HSBC. I called them today to dispute a hard pull and they didn't have the records from HSBC, so they offered to remove. They now use Citibank, I had to google their number.

[RobertEG]

In that situation, i would recommend filing a dispute via the CRA rather than a direct dispute.

I would dispute via the CRA for two reasons.  First, the issue of who actually furnished the info appears a bit murky, and second, any reporting of a delinquency requires the reporting of when it occured.  Otherwise, as stated, the CRA has no basis for calculation of credit report exclusion.  It is thus an incomplete reporting that leaves both you and the CRA guessing as to its impact.

Only the CRA has the record of the acutal reporting, and could, under their reinestigation rights, delete if the reporting was simply incomplete.

The FCRA dispute process explicitly extends to both the "accuracy and completeness" of any reported information, so you may be able to obtain deletion via the CRA regardless of the separtate issue of its accuracy.