Tu laws, do they have their own?

[sisflomi]

Ok, so for those who don't know, my file has been split with TU. I called to get it fixed, and they said they are going to add all of my deleted stuff back to the report. They ask do I want to do a new investigation? I say no thanks, I will handle my disputes through the mail. I find a third TU report that makes me think there could be three files on me. Call again today, and he tells me yep, it was spilt pretty bad, but its all fixed now. He said the revised report was mailed out June 3. I had a bk, 20 accts. inc in bk, 3co's, 6 colls, 6 good paid/closed install/cc, 2 open cc no lates, paid as agreed. In all I had about 35 accounts. With disputes over last couple of months, I was down to 19 accounts. He says to me that my new revised report is the report that will be seen by my creditors. He doesnt say a word about the bk or any account but 3 collections and two good accounts. This is what my last report from TU had too. I ask him what my creditors will see if I apply he said these five accounts we just went over. (Like I can get lucky enough to really have all them bad accounts gone) I say that I had already had all 3 of these deleted this year. He said, well they are back. I said what about FCRA and 5 day notice. He said, yep, we do have to notify. Well, I say, you have to delete these accounts. He says no, they don't fall under that law. That the 3 accounts in question (which were reported back to cr in April) each had a different thing now, such as amounts or account numbers and ca's can do this. I say TU sucks donkey booty, and he's pulling my leg. SO, big question, is he right? And, not matter what TU is sending, PG still shows the same 19 accounts that were there before the split. Help, I have no idea whats going on, and if I should leave this alone, or send them proof that these were deleted. He was not being smart, and he knew the laws pretty well, even warned me to keep watch cause most ca's will come back and sneak their way back onto the reports with a different thing every time you get them off. Any advice on what to do?

[Johnnyc]

How does youtr file get split?

[sisflomi]

I was told that its from too much stuff on it, and too many soft inqs on it.

[Johnnyc]

So bumpage can lead to a split?

[sisflomi]

Yep, I had 18 hard inqs b.u.m.p.e.d. Next thing I know, file went crazy.

[kb9tbq]

Capepuffin had the same problem but worse, she was dealing on top of that with a mixed file, and also fraudulant data mixed in I do believe.

The CRA warned her from pulling the credit report until the mix was complete. And she got everything put back in the file - including what was disputed prior.

When you get a mixed file, 1st most important thing is to get it all back together before anything else can be addressed, this way they don't delete good information while in the middle of this part.

Once this was completed, she was able to deal with the mixed file issue, and now on to the inaccurate data issue. Can be slow, when these things happen.

She will have to take special care from now on whenever she applies for new credit, since these can easily get re-mixed.

[sisflomi]

He would not even touch the issue of the good accounts that are gone. He pretty said this is what the file is now, 3 bad 2 good, in the file since 5-03. I guess thats my file now.

[kb9tbq]

Know you talked about having your file split as well as initiating a fraud alert. So you have some real concerns there.

Wait to see what is done, then figure out which creditors are missing, contact the creditor's reporting department to see if they can help you by re-adding them.

If the accounts were closed and old, this can become a problem for some, lost files forever. But if they do by chance have the data on the closed accounts, this can be re-added quickly using UDF form.

If the accounts were open, good chance that the next tape the creditor sends in, will just get it re-added back. If not give them a call and let them know that these are missing from your report.

[Edit by kb9tbq on Thursday, June 5, 2003 @ 06:26 PM]

[sisflomi]

Thanks KB. Any idea why pg still has the same info as before the split? Nothing different at all.

[kb9tbq]

I really don't know, don't use this service myself - but when dealing with a seconday market any thing is possible. Must be some kind of delay they have - between them and the CRAs. As far as we know, they may even be pulling through another source before knowing the fact of the matter.

Know in the mortgage industry - with fannie mae and freddie mac - these are complicated programs that use third party sources to access the information. There are so few tied in directly to these major 2 companies - then they re-sell to other companies.

So it might just work along the same lines, would be my guess.

[sisflomi]

That makes sense. Third party would be the EU on Equifax then right?

[kb9tbq]

That I really don't know - got to understand my days are looking at credit reports on the business side, that don't show the same as consumer credit reports.

I don't order my personal credit report much, trying to read Equifax & TransUnion consumer credit reports usually gives me a headache. Guess that is because I spend most of my time viewing Experian credit reports / consumer & business side of things.

The code guide that comes with the Credit Report - should spell out what the inquiries codes mean. But I know PG is at least secondary market, the question is if they are actually a thrid party market. Pulling through another source before the CRAs come into play.