TU Score Nightmare defies logic????

[Anonymous]

Did your bank reduce your lines of credit after you paid down the CCs?

I would pull my own scores off of MyFico.  If anything else to see what the explanations behind your current scores are.  Also, for my own peace of mind that the bank has the right info...

Best of luck.

Message Edited by BornAgainConsumer on 07-30-2009 07:32 AM

[Anonymous]

Hi rnk!

Obviously, something changed in between each lender pull where a different score was reported, if your lender maintains that they used the exact same scoring model. So, more questions:

1. Do you have any collection accounts listed on your credit reports? What is the DOLA currently reported for each collection account?
2. In your efforts to obtain mortgage financing, did you recently pay any collection accounts, whereas the balance updated to $0/paid?
3. From your credit reports, what is the listed credit line and current balance on each revolving credit line? Have your credit limits changed since paying down your cards. For example, did you get a CLD after paying down your debt on any cards? Were any of these accounts closed?
4. You mentioned that you re-opened a previously closed card. Did the CC issuer insert a new tradeline for the reopened account? Meaning that there are now two tradelines (one opened, and one closed) for this account.

[Anonymous]

No, there were NO changes on the Credit lines, I have pulled my bureau every day from all three and have followed them dilligently. 

There is No information that has changed other than balances and all are reporting as of July. 

[Anonymous]

1. Do you have any collection accounts listed on your credit reports? What is the DOLA currently reported for each collection account? NO, NONE AT ALL
2. In your efforts to obtain mortgage financing, did you recently pay any collection accounts, whereas the balance updated to $0/paid? N/A
3. From your credit reports, what is the listed credit line and current balance on each revolving credit line? Have your credit limits changed since paying down your cards. For example, did you get a CLD after paying down your debt on any cards? Were any of these accounts closed? HSBC: $300/$39, HSBC:  $500/$90, CAP 1: $300/$0, BOA: CLOSED Bal was $3116/$351
4. You mentioned that you re-opened a previously closed card. Did the CC issuer insert a new tradeline for the reopened account? Meaning that there are now two tradelines (one opened, and one closed) for this account. They did NOT list as new tradeline, only updated from Closed to Open and updated the balance.

I have been watching, comparing like a hawk, and oddly enough each bureau is reporting identical info which is not always the case.  The last activity is July for all accounts and there have been NO changes other than balance decreases and inquiries due to the mortgage company pulling the report a few times to see if the score has increased.  They have pulled at least 7 inquiries BUT those are within the 30 day frame and are only supposed to count as 1???? 

I promise that I am NOT exaggerating or embelishing.  I wish I could find a discrepancy that could explain? 

[Anonymous]

Do you have copies of your credit report from before and after you had the score decreases? If so, can you reprint (minus any personally identifying information such as your account number) the tradelines for your BoA account, *exactly* as they appear on your credit report?

---

rnk wrote:

1. Do you have any collection accounts listed on your credit reports? What is the DOLA currently reported for each collection account? NO, NONE AT ALL
2. In your efforts to obtain mortgage financing, did you recently pay any collection accounts, whereas the balance updated to $0/paid? N/A
3. From your credit reports, what is the listed credit line and current balance on each revolving credit line? Have your credit limits changed since paying down your cards. For example, did you get a CLD after paying down your debt on any cards? Were any of these accounts closed? HSBC: $300/$39, HSBC:  $500/$90, CAP 1: $300/$0, BOA: CLOSED Bal was $3116/$351
4. You mentioned that you re-opened a previously closed card. Did the CC issuer insert a new tradeline for the reopened account? Meaning that there are now two tradelines (one opened, and one closed) for this account. They did NOT list as new tradeline, only updated from Closed to Open and updated the balance.

I have been watching, comparing like a hawk, and oddly enough each bureau is reporting identical info which is not always the case.  The last activity is July for all accounts and there have been NO changes other than balance decreases and inquiries due to the mortgage company pulling the report a few times to see if the score has increased.  They have pulled at least 7 inquiries BUT those are within the 30 day frame and are only supposed to count as 1???? 

I promise that I am NOT exaggerating or embelishing.  I wish I could find a discrepancy that could explain? 

---

[Anonymous]

As of: 07/28/2009 Report Does Not Update   

  Your FICO® score as of July 28, 2009 is:

Not Good

589

Open Accounts CAPITAL ONE    Equifax TransUnion Experian

Account Type: 

Revolving  Revolving    Account Number:  41217424XXXX 41217424XXXX  

Payment Responsibility: 

Individual  Individual     Date Opened:  09/2004  09/2004    

Balance Date: 

07/2009  07/2009     Balance Amount:  $0  $0    

Monthly Payment: 

         High/Limit:  $300  $741     Account Status:  As Agreed  As Agreed     Past Due Amount:  $0   $0    

Comments: 

LAST REPORTED DELINQUENCIES: 11/2008=R2 CREDIT CARD AMT IN HIGH CREDIT IS CREDIT LIMIT   LAST REPORTED DELINQUENCIES: 11/2008=R2        Show Details
HOUSEHOLD BANK    Equifax TransUnion Experian

Account Type: 

Revolving  Revolving  Revolving  Account Number:  09000547XXXX 46630900XXXX 000547XXXX

Payment Responsibility: 

Individual  Individual  Individual  Date Opened:  06/2006  06/2006  06/2006 

Balance Date: 

06/2009  06/2009  06/2009  Balance Amount:  $140  $140  $140 

Monthly Payment: 

$0     $0  High/Limit:  $300  $531  $531  Account Status:  As Agreed  As Agreed  As Agreed  Past Due Amount:  $0   $0   $0  

Comments: 

LAST REPORTED DELINQUENCIES: 02/2009=R2 CONSUMER DISPUTES THIS ACCOUNT INFORMATION CREDIT CARD   LAST REPORTED DELINQUENCIES: 02/2009=R3,01/2009=R2 ACCT INFO DISPUTED MEETS FCRA   OPEN CURRENT ACCOUNT/WAS DELINQUENT 60 DAYS PAST DUE DATE LAST REPORTED DELINQUENCIES: 02/2009=R ,01/2009=R ACCOUNT INFORMATION DISPUTED BY CONSUMER     Show Details
HOUSEHOLD CREDIT SERVICES    Equifax TransUnion Experian

Account Type: 

Revolving  Revolving    Account Number:  45502988XXXX 54404550XXXX  

Payment Responsibility: 

Individual  Individual     Date Opened:  08/2005  08/2005    

Balance Date: 

06/2009  06/2009     Balance Amount:  $0  $0    

Monthly Payment: 

         High/Limit:  $500  $951     Account Status:  As Agreed  As Agreed     Past Due Amount:  $0   $0    

Comments: 

LAST REPORTED DELINQUENCIES: 02/2009=R5,01/2009=R4,12/2008=R3 CONSUMER DISPUTES AFTER RESOLUTION CREDIT CARD   DISPUTE RESOLVED-CUSTOMER DISAGREES LAST REPORTED DELINQUENCIES: 02/2009=R5,01/2009=R4,12/2008=R3        Show Details
Closed Accounts Bank of America    Equifax TransUnion Experian

Account Type: 

Revolving  Revolving  Revolving  Account Number:  XXXX XXXX XXXX

Payment Responsibility: 

Individual  Individual  Individual  Date Opened:  09/2005  09/2005  09/2005 

Balance Date: 

07/2009  07/2009  07/2009  Balance Amount:  $2,751  $2,751  $2,751 

Monthly Payment: 

$90  $90  $90  High/Limit:  $3,500  $4,022  $4,022  Account Status:  As Agreed  As Agreed  As Agreed  Past Due Amount:  $0   $0   $0  

Comments: 

ACCOUNT CLOSED AT CONSUMER S REQUEST ACCOUNT CLOSED BY CREDIT GRANTOR   ACCOUNT CLOSED BY CONSUMER   CLOSED CURRENT ACCOUNT ACCOUNT CLOSED BY CONSUMER     Show Details

[Anonymous]

This is the Bureau from Today:  Score is 572

Open Accounts Account Name Account Number Date Opened Balance Date Reported Past Due Account Status Credit Limit CAPITAL ONE
BANK USA
Hide Details   09/2004  $0  07/2009  $0  PAYS AS AGREED $300  CAPITAL ONEAccount Number:   Current Status: PAYS AS AGREED  Account Owner: Individual Account.  High Credit: $741   Type of Account : Revolving Credit Limit: $300   Term Duration:   Terms Frequency: Monthly (due every month)  Date Opened: 2004/09  Balance: $0   Date Reported: 07/2009  Amount Past Due: $0  Date of Last Payment: 06/2009  Actual Payment Amount: $125   Scheduled Payment Amount: $0   Date of Last Activity: 06/2009  Date Major Delinquency First Reported:   Months Reviewed: 56  Creditor Classification:   Activity Description: N/A  Charge Off Amount: $0   Deferred Payment Start Date:   Balloon Payment Amount: $0   Balloon Payment Date:   Date Closed:   Type of Loan: Credit Card  Date of First Delinquency: N/A Comments:   Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2009 * * * * * *             2008 * * * * * * * * * * 30 * 2007 * * * * * * * * * * * * 2006 * * * * * * * * * * * * 2005 * * * * * * * * * * * * 2004                 * * * *

Payment History Key

HSBC BANK 
Hide Details   06/2006  $39  07/2009  $0  PAYS AS AGREED $300  HOUSEHOLD BANKAccount Number:   Current Status: PAYS AS AGREED  Account Owner: Individual Account.  High Credit: $531   Type of Account : Revolving Credit Limit: $300   Term Duration:   Terms Frequency: Monthly (due every month)  Date Opened: 2006/06  Balance: $39   Date Reported: 07/2009  Amount Past Due: $0  Date of Last Payment: 07/2009  Actual Payment Amount: $264   Scheduled Payment Amount: $0   Date of Last Activity: 06/2009  Date Major Delinquency First Reported:   Months Reviewed: 31  Creditor Classification:   Activity Description: N/A  Charge Off Amount: $0   Deferred Payment Start Date:   Balloon Payment Amount: $0   Balloon Payment Date:   Date Closed:   Type of Loan: Credit Card  Date of First Delinquency: N/A Comments:   Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2009 * 30 * * * *             2008 * * * * * * * * * * * * 2007 * * * * * * * * * * * * 2006           * * * * * * *

Payment History Key

HSBC BANK 
Hide Details   08/2005  $60  07/2009  $0  PAYS AS AGREED $500  HOUSEHOLD CREDIT SERVICESAccount Number:   Current Status: PAYS AS AGREED  Account Owner: Individual Account.  High Credit: $951   Type of Account : Revolving Credit Limit: $500   Term Duration:   Terms Frequency: Monthly (due every month)  Date Opened: 2005/08  Balance: $60   Date Reported: 07/2009  Amount Past Due: $0  Date of Last Payment: 07/2009  Actual Payment Amount: $60   Scheduled Payment Amount: $0   Date of Last Activity: 04/2009  Date Major Delinquency First Reported:   Months Reviewed: 40  Creditor Classification:   Activity Description: N/A  Charge Off Amount: $0   Deferred Payment Start Date:   Balloon Payment Amount: $0   Balloon Payment Date:   Date Closed:   Type of Loan: Credit Card  Date of First Delinquency: N/A Comments:   Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2009 90 120 * * * *             2008 * * * * * * * * * * * 60 2007 * * * * * * * * * * * * 2006 * * * * * * * * * * * * 2005               * * * * *

[Anonymous]

This is Continued to include Bank of America

Closed Accounts Account Name Account Number Date Opened Balance Date Reported Past Due Account Status Credit Limit BANK OF AMER
ICA
Hide Details 4356023301
23XXXX 09/2005  $351  07/2009  $0  PAYS AS AGREED $3,500  Bank of America

4060 Ogletown Stanton Rd
Newark, DE-197133102
(800) 421-2110

Account Number: 435602330123XXXX  Current Status: PAYS AS AGREED  Account Owner: Individual Account.  High Credit: $4,022   Type of Account : Revolving Credit Limit: $3,500   Term Duration:   Terms Frequency: Monthly (due every month)  Date Opened: 2005/09  Balance: $351   Date Reported: 07/2009  Amount Past Due: $0  Date of Last Payment: 07/2009  Actual Payment Amount: $104   Scheduled Payment Amount: $90   Date of Last Activity: 07/2009  Date Major Delinquency First Reported:   Months Reviewed: 44  Creditor Classification:   Activity Description: N/A  Charge Off Amount: $0   Deferred Payment Start Date:   Balloon Payment Amount: $0   Balloon Payment Date:   Date Closed: 07/2009  Type of Loan: Credit Card  Date of First Delinquency: N/A Comments: Account closed by credit grantor  

[Anonymous]

rnk,

It appears that the problem with your score drop could be related to the disputes on several accounts where you had recent lates. Those recent lates would hurt your score significantly. While the accounts were in dispute, those lates and your utilization would, temporarily, not factor into your score. Once the accounts were no longer in dispute, the lates and 40% utilization now come back to factor in.

I think that your best bet for gaining some points is to payoff the closed BoA account to get your utilization way down. Then, you may want to try goodwilling those lates, at least, the most recent ones.