tmac01 Posted November 14, 2006 Report Share Posted November 14, 2006 I want to apply for a credit card and I have one CA in dispute right now. Is it true that when you have an account in dispute that the creditor that you are applying with cannot see the negative CA ? Link to comment Share on other sites More sharing options...
direred Posted November 14, 2006 Report Share Posted November 14, 2006 No, it's not true. They definitely can see it, it's just not factored into your score the same way. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted November 14, 2006 Report Share Posted November 14, 2006 No, it's not true. They definitely can see it, it's just not factored into your score the same way.Exactly. Here's an importance of listing the item "in dispute". Lenders may see the negatives, but they'll also know which ones are being disputed. Link to comment Share on other sites More sharing options...
tmac01 Posted November 15, 2006 Author Report Share Posted November 15, 2006 So Earth angel if I am applying for a CC and my EQ Fico score is 643 yet I only have 1 negative CA in dispute how will that effect their decision ? I have no other baddies on my CR ? Can you help ? Thanks.... Link to comment Share on other sites More sharing options...
direred Posted November 15, 2006 Report Share Posted November 15, 2006 So Earth angel if I am applying for a CC and my EQ Fico score is 643 yet I only have 1 negative CA in dispute how will that effect their decision ? I have no other baddies on my CR ? Can you help ? Thanks....Some lenders auto-deny if there's a CA or CO on the account. I wasn't denied for a BofA card, for example, though I was only offered the 99/500.You'd probably be better off getting rid of your remaining baddie before applying for anything. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted November 15, 2006 Report Share Posted November 15, 2006 So Earth angel if I am applying for a CC and my EQ Fico score is 643 yet I only have 1 negative CA in dispute how will that effect their decision ? I have no other baddies on my CR ? Can you help ? Thanks....That all depends on the CC you're applying for. There are sites that you can search to look up who pulls what (they're listed in another recent thread of yours). Some creditors will look over baddies and some won't. It depends on the criteria they set in their computer database for approvals. For instance, I was approved for all of my current credit cards w/ baddies. HOWEVER, my rates are not the best b/c of it. You'll need to consider that as well. If you don't care about rates and just need to build credit, then by all means, apply for something. But make sure you do your homework first. Link to comment Share on other sites More sharing options...
rmuse00 Posted November 16, 2006 Report Share Posted November 16, 2006 There are Some creditors will look over baddies and some won't. It depends on the criteria they set in their computer database for approvals.I agree with this based on my experience. When I applied for Patelco I had a small medical under $100 on my EX report and it was marked in dispute. I received an e-mail from Patelco asking me to explain that collection. I told them it had been paid by my insurance and I had sent in the info but EX did not remove it. I was ready to fax to them if they needed the info but they went ahead and approved me for a CC without asking to see this documentation. So they DO see the tradeline but at the end it is their decision how much weight they place on the baddie. Just my two cents. Link to comment Share on other sites More sharing options...
tmac01 Posted November 17, 2006 Author Report Share Posted November 17, 2006 Good point !! Penfed turned me down for a CC but the guy told me to fax this one baddie into them and explain the situation..I haven't done it but getting rid of this OSI account has been hell....they just wont budge and either will the CRA's...I have ben after it for nearly a year now. You would think the CRAs would say " hell its only a $85 account...and even though its not mine it shows as PAid !!!! UGH !!!!!!!! Link to comment Share on other sites More sharing options...
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