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  1. #1
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    Dispute = Locked Credit History

    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.

    John Shimmer
    (signature deleted - BayHouse has a policy of no sigs, especially not with links to sites with offensive popups)

  2. #2
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    Thanks, John, that really IS hard to believe -- and, obviously that's a FCRA violation. I don't recall seeing anything in the FCRA about CRAs NOT updating your reports during disputes and "snapshots" of OLD reports instead of the current report.

    What are you going to do about it?

  3. #3
    Registered User New Member
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    Originally posted by Christine
    Thanks, John, that really IS hard to believe -- and, obviously that's a FCRA violation. I don't recall seeing anything in the FCRA about CRAs NOT updating your reports during disputes and "snapshots" of OLD reports instead of the current report.

    What are you going to do about it?
    He said that if I cancelled the dispute, the snapshot would no longer be sent -- anyone pulling my file would receive the current history (i.e., any changes that happened AFTER the dispute started but not included in the snapshot).

    He said I could cancel the dispute, then restart the dispute either immediately or after the lender pulled my report again.

    I cancelled it (it was a minor dispute - a date thing), then immediately pulled my TU from worthnothing.com ... err ... I mean worthknowing.com. Guess what? The item was, in fact, gone!

    Even though I had provided the supporting documentation earlier, I called the lender and told them the story. They yanked it again and it was gone.

    I'll just redispute that minor date thing in a day or two.

    Hopefully the bank coded their inquiries correctly (mortgage) so I only get hit for one inquiry during this 30 day period.

    John Shimmer
    (signature deleted - BayHouse has a policy of no sigs, especially not with links to sites with offensive popups)

  4. #4
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    John, thanks for the update. Obviously, there are many serious problems with Trans Union's credit reporting.

    If anyone gets actual proof, i.e. written statements about this TU policy of refusing to update entire reports during disputes, I'd really like to see it.

    In my opinion, the FTC should order TU to shut down until they figure out how to properly report and handle disputes.

  5. #5
    Registered User New Member
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    Oct 2001
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    Re: Dispute = Locked Credit History

    Originally posted by jshimmer
    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.

    John Shimmer
    (signature deleted - BayHouse has a policy of no sigs, especially not with links to sites with offensive popups)

    - Hell hath no fury like that of a nation scorned.
    I have spoken to Experian in regards to how the score is calculated during a dispute. Although, I place no trust whatsoever in what the representatives tell me at any of the three repositories, Experian said the score would remain the same during the dispute. Basically, do not try and dispute something, and immediately see a rise in your score. Those were their worlds. Anyone know about TU's policy? Everytime I call TU, I get a friendly lady, too friendly. It makes me wonder what lies I am being fed.

  6. #6
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    Why would the bureaus know how a disputed account effects the scores? Maybe they're talking about THEIR worthless scores?

    If in fact the bureaus do NOT update reports during disputes they are violating the FCRA.

    This should be one of the Questions for Experian

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