lumburg

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Posts posted by lumburg


  1. I am shocked to see this myself but I've added 79 points to my real FICO in just over a month. I have been at work on this for less than two years. It seems that after getting a lot of old addresses off my report that a lot of the other information started to fall off. My last CA came off a few weeks ago and I got an email from Equifax score monitor saying that I had moved up to a different score card and my score jumped from 621 to 679! Almost at the magic 700 mark.

    As a side note, anyone that has Jefferson capital Systems on your CR, go ahead and use the BBB web site for filing a complaint. I had sent countless DVs to them and to no avail. I sent my final one and hten filed a complaint with the BBB at the same time. Within 2 weeks they removed their TL from all CRs and the BBB followed up with me saying as much. I'm not sure if that was the straw that broke the camels back or what but it worked for me.

    Thanks to all the great insight and advice, it's really helped to get me where I am today. Just 21 more points for me and I'm where I wanted to be!

    Cheers


  2. What has been most folks experience on the investigations and correlation to amount of time? I would think that if the 'dispute' ( we will generously call it that) performed by CRA is taking awhile, it means that the CA or OC might not have your files in their main transactional system. If that is the case, they then have to go to their 'archives' dept and maybe even look on micro film. So, has anyone noticed one way of the other if there is a correlation or if it's just random and some take a while to 'verify'?


  3. So, I called TU today to dispute some information and I asked the lady where she was located and she responded that she couldn't tell me for security reasons. I chuckled at this and played along since I work in the call center industry and know where they are. As I was speaking to this lady, it was clear that she could not perform any single operation that is out side of her call scripts. She didn't have that great of a grasp on English and was some what aggressive to me. So, it seems that there won't be any more 'sympathetic' ears or a nice person that can relate to your situation that may be the reason that something gets deleted. Sometimes it's funny how a simple click of a box or if a rep just decides they believe you that you can get something removed. I think the cultural and language barriers are going to make phone disputes that more difficult going forward and I hope that EQ and EX don't go this route anytime soon. Does this sound too 'far out' or does anyone agree?

    Cheers


  4. So basically you removed the oldest account in your file, you went from 7-8 year credit history down to a 5-6 year credit file. Pay your current accounts on time and if they have perfect history, your score will rise.

    IF u dont have many derogs on your report, you may have been moved up to a different/higher scoring bucket.

    My apologies for not being more clear but I was just in rant mode. My oldest account is about 11 years so this account was up there. I have disputed this one several times for the folks who want to know and nothing happened. I logged in last week, disputed it on line and low andbehold, it just dropped off. I've been trying for over a year on this one and I simply did a online dispute and poof.


  5. I have all three services right now and the 3 in 1 from TU. When I check my score directly on EX with their Score Plus or whatever they call it now, it says it's 650. Then, on TU 3 in 1, it says my score is 578, which is almost exactly what MyFICO has. So, the question is, who do I believe?

    Thanks


  6. Strap on the chin strap an prepare for a battle. I've been dealing with those guys for a couple of years and they do not budge. I currently have a C/O on my CR for a lousy $188 for a corporate card that I haven't had in years. All of a sudden, this shows up on my report and I am in the process of writing hteir 'special investigations' department to show me what this charge is for. Apparently the charge is from after I left the company but no one there wants to delete it until they know ''for sure". Anyway, sorry for the rant. Just be prepared to deal with a lot of hassel. Start disputing and just keep on, eventually someone will make a mistake. Just keep on going and it will work!

    Good luck


  7. Finally! I've been plugging along from the mid to upper 500's (580ish) over the last two years and broke into the 600s in June. I got one AMEX C/O gone and should have another gone this month from EX bringing my score from 586 in April to 650 exactly as of today! EQ is at 612 with a CA on there that, as of yesterday, just agreed to remove it. I am guessing I will be right at or under 650 with them as well once that is gone. TU is killing me though, I can't get them to budge on much at all. I have some student loans that I couldn't pay a few years ago but have since reconsolidated and have been paying. The C/O from those loans won't go away no matter what I've tried but they are scheduled to fall off in a year from Sep. Hopefully I can get them off sooner and get to the 700 mark for the first time. Thanks to everyone’s help and insight, it's made all the difference in the world!

    Cheers!


  8. The lates will still be there on that closed account. They may have an impact on your score - less of one as they become older.

    So, transfering these to a new loan does nothing to reduce their impact to my score? I did not realized that closed accounts were weighted so heavily other than if you close a long standing account that reduces your overall length of history


  9. I searched and I can't seem to find the answer to this and was hoping for any insight. If I had lates on a installment type loan and refied with another company, then my account would be closed and then any lates would be gone correct? Or am I missing something to it? I understand that the lates would still be in the history but it would be a closed account not effect my score? Thanks in advance guys!


  10. The $188 is not mine and I just can't seem to suck it up and pay it out of principal. I guess another way to tstate my question is how in the heck are they validating debt when they can't even tell what it's for? If they only have this crappy record of it then how are they able to verify it with the CRA?

    Also, as far as the installment loan is ocncerned, I'm just looking for a guess as to whether my score will go up or down when you pay off a loan. I can pay off my car loan shortly as well and wanted to see what hte board thought would be the better way to handle it. Continue paying down debt and keeping hte account open thereby extending my credit history or lowering my overall debt. I know that on paper it looks like having less debt is always better but I don't know what the scores reflect.

    bump


  11. AMEX has a loooooooooooooooong memory and will blacklist you. $188 is not worth the trouble, pay it and dispute with the credit bureau as a corporate account.

    There are several factors that affect your score (UTIL %, recent lates, PRs, negs, history to name a few). One thing is paying a TL that has never been late or not charged off will not hurt your score but you may not get the huge bump you were looking for.

    The $188 is not mine and I just can't seem to suck it up and pay it out of principal. I guess another way to tstate my question is how in the heck are they validating debt when they can't even tell what it's for? If they only have this crappy record of it then how are they able to verify it with the CRA?

    Also, as far as the installment loan is ocncerned, I'm just looking for a guess as to whether my score will go up or down when you pay off a loan. I can pay off my car loan shortly as well and wanted to see what hte board thought would be the better way to handle it. Continue paying down debt and keeping hte account open thereby extending my credit history or lowering my overall debt. I know that on paper it looks like having less debt is always better but I don't know what the scores reflect.


  12. I just paid off a unsecured loan and I was curious if anyone knew what to expect as far as score go. Would they go up or down? I guess this line of credit will be closing but then again I am paying something off i.e. less debt so maybe it goes up? Any thoughts?

    Also, I have a charge from AMEX that is from a corporate card that I had at my last job. I left the company and a $188 charge off has appeared, this was over three years ago and this just popped up on my CR. I have called AMEX and they tell me that I have to write their Special Investigation dept that has no pone number or fax machine and get the records since they can not locate what the charges are for. To me, that is their job and if they validate then they are in violation of FCRA. Thoughts?


  13. I sent DV letters to CAs and got the green cards back. I waited the 30 days and then disputed with the CRAs and sent copies of the letters sent and CMRRR cards. TU deleted the TL but the other two wrote back with a similar letter satting something along the lines of "We have received the information that you provided but we are unable to use it. We verify on our own...yada yada". Anyone come up against this one yet? Can they do this? How can I get around this?

    Thanks


  14. Deleting CA's won't help much until all collections are off your report, then you will get about an 85-110 point jump.

    FICO deals with 1 collection or 20 collections the same way.

    Hey Dive, I have a couple of questions for you. First, as you state above, the big jump comes when you get all collections off, do you mean collection accounts (i.e. a charged off cc sent to collections) or simply a CA TL on your CR? Also, I have one remaining CA on all 3 CRs. I paid it before I found this site. I sent them a DV letter CMRRR with no response. I have also disputed them with each CRA and it keeps coming back verified. Do I sue now or keep trying other avenues? Any suggestions?

    Thanks in advance