cancel
Showing results for 
Search instead for 
Did you mean: 

Consolidated loans appearing on report as separate accounts

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
Regular Contributor

Re: Consolidated loans appearing on report as separate accounts


@Sabii wrote:
And if it's down to just waiting, you could always request an early Exclusion 6 months early from each CB. YMMV but I did see someone get their student loans removed early this way.

wow. i didn't know about this option. looks like i have to wait about 3 years before i can even think about that lol, but i'll be sure to ask. thanks for the great tip!

Message 11 of 15
Highlighted
Community Leader
Valued Contributor

Re: Consolidated loans appearing on report as separate accounts

You're welcome! Within my own attempts I get different answers, even if asking for the same EE. My suggestion is to:
1) request all CB at 6 months. I did mine online but phone is okay too.
2) request any that remain after that in after 1 or 2 months (they may automatically fall off early too. These happened for one of mine)



Message 12 of 15
Senior Contributor

Re: Consolidated loans appearing on report as separate accounts


@Sabii wrote:
You're welcome! Within my own attempts I get different answers, even if asking for the same EE. My suggestion is to:
1) request all CB at 6 months. I did mine online but phone is okay too.
2) request any that remain after that in after 1 or 2 months (they may automatically fall off early too. These happened for one of mine)

I'm going to disagree with @Sabii for once Smiley LOL

 

Transunion will early exclude at 6 months, pretty easily.

Experian's policy is to allow EE's at 3 months - some people (me included) have had this end badly, so I won't stop you, but I won't encourage it.
Equifax will only do a one month EE, and since they have a habit of 'breaking' people's files or applying things wrong, you'll see people generally avoiding working with them.   Their favorite muck-up is to end up splitting files, so I'd seriously caution you against it.

 

When Experian messed up my file, I actually goodwill requested my servicers and they removed the tradelines early for me.


EQ: 795 | EX: 785 | TU: 783 | Accounts: 2/6 6/12 10/24
Happy practitioner of AZE6or7or8
Message 13 of 15
Community Leader
Valued Contributor

Re: Consolidated loans appearing on report as separate accounts

Lol! I would have agreed with you a while back, because I saw the same thing. But I put it to the test because I couldn't remember which was 6 months (& too lazy to look). I did them all at 6 months on some late credit card payments using the online disputes. I had two strings of lates left so I started with the oldest one.
I did the disputes. I believe one said no, and two said it was verified or whatever but then the reports were all wiped of the string! It wasn't until later I found out that EE aren't for open credit cards
My last string wasn't as easy. I got no's on the whole thing, and the reports didn't have anything removed. But a few months later (and still 3+ to go) it just disappeared off Experian (FICO 8). I still have to pull the other two because my VantageScore says they're gone but who knows.

The other thing is I did get a frivolous report warning but it still went through. I just attached a PDF of one of the regulation quotes from here on EE (which of course doesn't apply 🤣). I did that multiple times.
I absolutely agree to use caution though. The CB don't always do what you want them to do.



Message 14 of 15
Senior Contributor

Re: Consolidated loans appearing on report as separate accounts

^ Proof that the only good rule is "YMMV" Smiley Very Happy


EQ: 795 | EX: 785 | TU: 783 | Accounts: 2/6 6/12 10/24
Happy practitioner of AZE6or7or8
Message 15 of 15
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.