Jump to content

Double Reporting - Do I Have Leverage??


Recommended Posts

Hi all,

If I'm posting this in the wrong area, can a Mod please move it?

So here the situation. I had a mortgage serviced through company A for a long time. This year, company B bought out company A's loan portfolio. My mortgage is in that portfolio.

In 10 years with company A, we had two 30 day lates about 6 years ago. However, with company B we are totally current with no lates.

They are both reporting TLs on my CR. I know this is okay, but company A is still reporting a balance - as is company B. Therefore, my CRs are showing that I owe twice the amount in Real Estate loans than I actually do. I was recently turned down for a home improvement loan because of this.

I know this should be a fairly easy fix, but I'd like to know if I have any leverage with company A here. Can I use their inaccurate reporting to get them to delete the two 30 day lates? Or get them to delete the TL?

What do you think? Are they in violation of FCRA?

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.