Wondering why your score might not look right to you?
Just found out an interesting tidbit of information yesterday. This is true for TU, unsure for EXP or EFX.
When you dispute an item on your credit history, they take a 'snapshot' of your history at the time you start the dispute. If anybody pulls your credit history DURING the life of the dispute, they get THAT snapshot. What this means is: if something ELSE changes in your credit history during the life of this dispute, they will NOT see it! They get the snapshot.
We're selling our house and building a new one. The lender pulled credit and, for some reason, a 6 year 10 month old 'paid/was repo' showed up as being from 12/2000, not 12/1994.
I called TU and they told me that the bank was looking at the wrong date - they were looking at the date on which it was last updated, which was when I last disputed it, not the original delinquency date, which was correct (12/94).
But get this ...
They also said that the trade line was removed by the creditor (due to age) the day before the bank pulled my credit. BUT ... I had started a dispute on a different trade line 3 days before that. Therefore, they got the 3 day old 'snapshot' which still showed the 'paid/was repo' when it was, in fact, no longer on my credit history at TU !!
Hard to believe that any unrelated changes DURING a dispute are NOT what a creditor gets when pulling your credit.
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