Reported late but Credit Union says they didn't do it...

[laconic1981]

I have had a secured visa credit card through my credit union since January of this year. I have paid on time every month.

On 10.7.08 I got an alert from myfico saying that my credit score went down 10 points because of a balance increase.

According to my account information for my visa I am not over limit and I am not late. I called my Credit Union and they said that they did not report any information on my account and that Equifax must have been getting the information from some place else.

I am not sure what to do...The only place equifax should be getting information from regarding this account is from my credit union.. So if the staff is saying they didn't report anything then they are either lying or there is something wrong with there system.

I'm angry because my credit is bad enough as it is and with the credit crunch going on right now.. I don't apprecaite this "mistake" especially when I have always paid this account.

[newbie7069]

First off, you stated that the alert indicated that your score decrease was due to a balance increase not a late payment. Are you currently over 30% usage on any of your credit cards? FICO doesn't like it when you do that.

It's not just lates and charge offs that can negatively effect your score.

[cap1kid]

Did theybreduce you credit limit on any cards?-this would increase your utilization- thus causing your balance to be 'higher'.

[CleverCynic]

Don't take the alerts too seriously.

My TU score for some reason is lagging, and they say it's because my util is high, at 10%. It's on the red side of the scale even.

It's a bit flaky!