Consumer Credit Reports – equifax experian score

positivecurry asked:


DEPOSIT LOAN PROGRAMS: This is a technique so unbelievable that I myself proclaimed it had to be a scam before researching the facts. It allows the consumer (or business) to have a $25,000 to $250,000 loan appear on their credit report as “Paid as Agreed” by way of very creative financing. This method is extremely effective and not within the budget of most ($750 to $7,500 upfront).

Lillian

Bigfoot asked:


NCO financial keeps reporting I am in collection for $94 for an old utility bill. I have disputed this with them several times. I never paid them or received any letters from them about a collection. I never really was past due, and the account number they keep giving me is not what the Utility Company’s account number for me is. The utility company sent me in writing the correct account number and proof that I have no balance.

NCO states:
Wrong account number
Wrong account dates (they list: date opened 12/2004 date closed 12/2004)
Amount sent to collection: $94
Amount due: $0

Utility Company sent me a letter that states:
Correct account number
Correct History (account opened in 1999 and paid in full; closed 11/2005 by consumer)
Amount due: $0

Should I personally dispute this with NCO again – or just dispute with the CRA’s letting them know that NCO should be removed and provide a copy of the letter from the Utility Company proving NCO is wrong?

Yolanda

sunflower asked:


I was asked 2 yrs ago at Macy’s to open an account. I was rebuilding my credit at the time and did not want to but I tried as the salesgirl was especially nice- Well I got it and it was a Macy’s Visa not just a store card- I used it and paid it off- was never late- I did not go late on other accounts and now they cancelled me and said my credit score was not good enough- I contacted Experien and my history is not bad- I am buying a house soon and need some advice who I can contact to fix this mess. I want to cancel my Macy’s store card too now but fear that it would look bad on the credit report to cancel my card. It seems like the credit reporting companies do not assist consumers like I thought they would. Thanks for helping.

Eva

neblitocatracha asked:


Countrywide home loans is the creditor that is still showing open and I also get a bill every month even thought that this creditor was discharged I have been disputing this for the last 7 months and I’m not getting anywhere(I have notify and dispute the account with them as well as the credit reporting agencies). As a consumer how I’m protected under the fair credit reporting act? what kind of rights do I have ? I know that my credit is less than perfect and it will be like that for the nex 10 years but Countrywide is making this long recovery process a big hassle! Any ideas please let me know.
Thank You,

Leo

Johnny asked:


Reason being,
about 3 weeks ago we started getting harassing phone calls from a junk debt collection agency. 10 years ago I settled a 10k cc debt for 5k. I got it in writing and it was on my credit report settled. Well now 10 years later I have a company called Palisades calling me on that. I have received 4 messages from them telling me I am facing a lawsuit that will freeze/seize my assets. They left two at my parents telling them they I am in serious legal trouble. I also got a letter informing me they are doing a employment and asset search to avoid this you must pay 7k. I finally spoke to them and told them i don’t owe them anything that was paid off 10 years ago. They then told me it was for the defency and they will get a defency judgement if I do not comply. I stoped contact with them, but I could not find my settlement letter. I was refered to a consumer rights attorney, they told me to see if I have old credit reports. Lucky I found one with my closing papers for my home and that debt was listed on there as settled in 1999. I pull up a credit report now and it is not on there as it fell off of the 7 year period.
I went to the attoneys office last week to play all of the messages and the letter, with copies of my credit report.
Today I got a call from them, telling me they found 14 violations. 7 where threating and abusive language on the letter and phone calls. 7 others were bringing up the intention of a lawsuit where the statue of limitations is up. They told me this case has a merit up to 14,000 as it is 1k per violation plus attorney fees. I signed a retainer agreement last week stating I dont have to pay anything unless there is merit. The attornies office is looking a filing the papers next week in the federal court system. Anyone ever hear of this?

Martin

abfabmom1 asked:


A few months ago, I inquired with my bank about some options for an auto loan (which I ended up not needing, thankfully). At the time, the loan rep said that my Experian credit score came back to them as 0.

This didn’t make sense to me, since I was holding a freecreditreport.com report, that showed numbers from all three agencies, averaging about 660, and within ten points of each other. Also, my two most recent credit accounts were with this very same bank.

I tried getting numbers from FICO, but they can’t issue a report to me, since I don’t have any open accounts, and my most recent accounts were closed more than six months ago.

All the experts say I should know my credit score, in order to be an intelligent consumer. But how can I possibly really know it, if the agencies are reporting one thing to me, and something else to the lending agencies?

Do I really have to be stupid enough to continue paying interest, in order to get more credit? It seems to me that living within my means should show that I’m smart enough to be worthy of getting a loan.

I’m confused and frustrated. How can I really be smart about what I’m doing, if I can’t get straight answers?
But I DO have debt and payment history. I simply got rid of the debt, and haven’t needed credit lately.

My last two car loans have been from this same bank. The last loan was paid off in April of 2008…I guess just long enough ago that FICO won’t look for it. (?) That’s really stupid. (Grrr).

Eva

Chuck B asked:


Acct#
Loan Type: Charge Account
Remark: Account closed by Consumer
>Maximum delinquency of 120+ days in 12/2006<
Balance: $0
Date Updated: 04/2007
High Balance: $5,057
Credit Limit: $5,500
Past Due: $0
Pay Status: > 120 Days Past Due<
Account Type: Revolving Account
Responsibility: Individual Account
Date Opened: 12/1997
Date Closed: 04/2007
Date Paid: 12/2005

Roberto

JoeyB asked:


I have heard of differences between credit scores depending on the formula used. But what should I do when the difference from one bureau is 50-60 points less than the other two bureaus?

Long and short of it: I was trying to refinance my car today, as my credit score has greatly improved since I originally purchased the car. I monitor my Expiring credit score and pull a report monthly. Today I was working with my lender through e-mail, and when my lender ran a credit check, it came up as the upper 650s! I was surprised so I then pulled up Trans Union’s report which is sitting at the 710-719 range, the same range as my Expiring report.

I then decided to pull Equifax, and looking over the Equifax report, I can’t come up with any inaccuracies, but I am questioning the validity of the score since it is so much lower than the rest. I passed on all three reports to my credit union to show them the difference and they agree it is very odd.

What should I do to remedy the situation? As a consumer, is there anything I can do?

It is very frustrating to be working so hard being responsible with credit and monitoring my credit so that I build myself a successful financial future and to see such a large discrepancy!

Antonio

Crazyjester9 asked:


I’ve been noticing this more and more lately, as people are claiming that you cannot dispute legitimate debts with the credit bureaus as this is considered fraud. Yes, they are claiming it is a criminal offense!

Now time after time, myself and others have posted information that proves this is false. The Fair Credit Reporting Act gives consumers the explicit right to dispute ANY tradeline on their credit report, even if the consumer knows the listing is legitimate.

So why do you feel that people continue to post such misinformation?
No, I don’t think thats it Dr. Deth. These people are usually very clear that they feel disputing legit debts is fraud, and I’ve seen many suggest you can go to jail for it.

Lillian

mrclpacheco asked:


it *****!! they never report to all credit bureaus, if they do is 2 months later, is a ripoff!!! they advertise that it helps to build your credit…. how? if they don’t report to all 3 credit bureaus as they advertise…it think this is consumer fraud

Stanley