@Anonymous wrote:
I found 3 errors on my credit report and received investigation results that they have been removed. How long does it take for FICO to update the scores?
Sometimes it takes a while for the errors to really and truly come off the credit reports. It might come off one, and not the other two, etc.
Scores don't really exist until someone requests them. They are then created from whatever is showing on your credit reports at that moment, so to keep from wasting your $$$, you might want to be sure that they're there. You can try signing up for a free trail of a credit-monitoring service that allows daily pulls of reports to verify that the changes have been made. Then go ahead and cancel during the free trial, unless you are going to be a credit nerd like the rest of us.
I've seen posts where the corrections appear the next day, and others where the posters are still waiting a month later.
@Anonymous wrote:
Remember this from the SATs.
Motion picture is to photograph, as credit report is to credit score.
Watch the movie, when you get to a good part, take a picture.
Oh, Noah, nicely done! I think I'm the only person who ever lived who actually liked the analogies sections on the SAT. (I'm one sick puppy)
Now, if I can only get to the good part...
I sent my dispute letter by Friday, and Equifax started working on it the following Monday. The entire process shouldn't take longer than 30 days. I had four items removed and nothing happened to my fico scores. 