Hi guys! I just thought some of this may be helpful to you guys... maybe not...
I just finished 3 online disputes... one with all three bureaus.
Was all pretty successful...
Equifax:
Was able to remove some inqueries that I didn't recognize or authorize. I posted a while back that someone named "BK ONE COLLECTIONS" put a hard inquery on all three of my credit reports. It turns out this was a law firm for my HOA company. I successfully removed this inquery from Equifax (and the other two) ... disputed an old Home Depot account that was reporting me as 30 days late in 2008. The account was removed completely. Disputed some IIB accounts that were reporting as "charge offs" ...those were fixed.
Experian:
Fixed some issues with my student loans reporting as closed even though they were open and current. The inquery from above was removed as well. Fixed some other things with how my IIB accounts were reporting. Home depot account from above was removed.
Transunion:
Had almost all derrogatory remarks from the bankruptcy removed on my closed accounts. Only 3 are reporting as "derrogatory" now. Had the inquery removed from above. Home depot account was removed as well.
All three of my scores jumped up from doing this. My trans union score (according to true credit) is 703 now! Yay!
QUESTIONS:
1. My experian report has an area where they tell me the "factors that are impacting my score" ... one of the reasons is "You are 30 days late on one or more payments
Your payment history shows 1 or more payments that were late by 30 days or more. Late payments count negatively against your credit score. Negative information can stay on your credit report for up to 7 years for some items, up to 10 years for bankruptcies and 15 years for unpaid tax liens."
However, I cannot find anything on my report that says 30 days late anywhere... how can I tell where they are getting that info from?
2. On my trans union report one of the negative factors impacting my score says:
None of your real estate accounts show a credit amount. [TransUnion] Lenders may be able to better evaluate your creditworthiness if there is more information about your accounts on your credit report.
What the heck is that? My mortgage accounts are closed and IIB and zero balance... why would they be impacting my score?
3. On trans union again:
The balances on your installment accounts are too high in comparison to their credit limits. [TransUnion] It is a good idea to use your accounts regularly, but remember to keep your balances low in comparison to your available credit limits. Having a high ratio of balances to credit limits on open accounts may be viewed negatively by lenders.
This one, I know why it is saying that....because my student loans are in deferrment and the interest has compounded on them. So, now the balance is higher than the "credit limit" on them... is that something I can dispute? Or do I have to call the lender to have them fix that?
Thanks!
I just finished 3 online disputes... one with all three bureaus.
Was all pretty successful...
Equifax:
Was able to remove some inqueries that I didn't recognize or authorize. I posted a while back that someone named "BK ONE COLLECTIONS" put a hard inquery on all three of my credit reports. It turns out this was a law firm for my HOA company. I successfully removed this inquery from Equifax (and the other two) ... disputed an old Home Depot account that was reporting me as 30 days late in 2008. The account was removed completely. Disputed some IIB accounts that were reporting as "charge offs" ...those were fixed.
Experian:
Fixed some issues with my student loans reporting as closed even though they were open and current. The inquery from above was removed as well. Fixed some other things with how my IIB accounts were reporting. Home depot account from above was removed.
Transunion:
Had almost all derrogatory remarks from the bankruptcy removed on my closed accounts. Only 3 are reporting as "derrogatory" now. Had the inquery removed from above. Home depot account was removed as well.
All three of my scores jumped up from doing this. My trans union score (according to true credit) is 703 now! Yay!
QUESTIONS:
1. My experian report has an area where they tell me the "factors that are impacting my score" ... one of the reasons is "You are 30 days late on one or more payments
Your payment history shows 1 or more payments that were late by 30 days or more. Late payments count negatively against your credit score. Negative information can stay on your credit report for up to 7 years for some items, up to 10 years for bankruptcies and 15 years for unpaid tax liens."
However, I cannot find anything on my report that says 30 days late anywhere... how can I tell where they are getting that info from?
2. On my trans union report one of the negative factors impacting my score says:
None of your real estate accounts show a credit amount. [TransUnion] Lenders may be able to better evaluate your creditworthiness if there is more information about your accounts on your credit report.
What the heck is that? My mortgage accounts are closed and IIB and zero balance... why would they be impacting my score?
3. On trans union again:
The balances on your installment accounts are too high in comparison to their credit limits. [TransUnion] It is a good idea to use your accounts regularly, but remember to keep your balances low in comparison to your available credit limits. Having a high ratio of balances to credit limits on open accounts may be viewed negatively by lenders.
This one, I know why it is saying that....because my student loans are in deferrment and the interest has compounded on them. So, now the balance is higher than the "credit limit" on them... is that something I can dispute? Or do I have to call the lender to have them fix that?
Thanks!