Remove Disputes from Credit Report? Need help.

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Icon Mini Profile zincyellowcobra





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Post Posted: Sun Oct 10, 2010 8:50 am    Post subject: Remove Disputes from Credit Report? Need help.
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Looking for advice that anyone has in dealing with TransUnion and Equifax/CSC to remove credit disputes from credit report quickly. I had problems with an FHA loan and had to convert to conventional. FHA would overlook disputed items on my credit report, however, that is not true with a conventional loan. I have successfully removed 2 disputed with Experian, 1 dispute with TransUnion and NO disputes with Equifax. Long story short, I am looking for assistance in removing one dispute with TransUnion and one dispute with Equifax/CSC. Has anyone else in the community had a similar problem in the last 2 weeks of their loan process and do you have any advice at all in a soeedy dispute removal w/ the credit bureaus?

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Icon Mini Profile jameshogg
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Post Posted: Sun Oct 10, 2010 11:55 pm    Post subject:
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Hi zincyellowcobra,

You have disputed various other items on your credit report and have removed them from your credit report. You will have to take similar steps in order to remove other negative items from your credit report.

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Icon Mini Profile zincyellowcobra





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Post Posted: Mon Oct 11, 2010 6:39 am    Post subject:
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I am attempting to remove disputes of negative items, not the negative items themselves. I do not have time to go through the normal investigation process with the credit bureaus as I am to close on Oct 22.

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Icon Mini Profile zincyellowcobra





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Post Posted: Mon Oct 11, 2010 7:11 pm    Post subject:
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Good news - I received a letter today from HSBC stating that I am not disputing the account. I faxed a copy of HSBC's letter to TransUnion this afternoon requesting that TransUnion immediately remove the dispute status from my credit file.

I also faxed a copy of Portfolio Recovery's letter to Equifax today, although I do not think the letter Portfolio Recovery provided meets Equifax's stringent criteria. I should have a definite answer on that tomorrow. Equifax confirmed receipt today and advised that they would need another 24 hours to review and render a decision.

Keeping fingers crossed.
Icon Mini Profile smithsussane
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Post Posted: Mon Oct 11, 2010 11:02 pm    Post subject:
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I just hope that you can remove the disputed item from your credit report asap!!! Smile
Icon Mini Profile zincyellowcobra





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Post Posted: Tue Oct 12, 2010 8:23 pm    Post subject:
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I am still having a terrible time with Equifax/CSC. I faxed a copy of the fax/letter I received from Portfolio Recovery stating that they are removing the dispute - and Equifax rejected the letter.

On a good note, I sent HSBC's letter to TransUnion on Monday afternoon and as of Tuesday afternoon, that dispute is no longer shown on my TU report.

So, as now, I have to get that one last dispute removed from my Equifax credit file - and it is the Portfolio Recovery acct. My LO is working on his end to help resolve this problem with Equifax.

Has anyone else had this same issue with Equifax/CSC Credit Svcs?
Icon Mini Profile adonis
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Post Posted: Tue Oct 12, 2010 11:49 pm    Post subject:
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Hi zincyellowcobra,

I don't have a personal experience working with Equifax/CSC Credit Services. However as your loan officer is working on it, then we can hope that your issue will be resolved soon.

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Post Posted: Tue Oct 26, 2010 8:49 am    Post subject: Removing Equifax Disputes for FHA approval
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I'm going through a similar situation. I've been advised by my mortgage company to remove a couple of disputes that I had previously requested for my Equifax report, these were requested to close some old accounts and to update the balance on others, obviously thinking this would be for my credit score advantage. They are concerned that since even though they all have been resolved they might result in been denied when our loan is entered in the FHA system. Anybody going through this situation? Anyway to get this done through Equifax or am I better off going straight to the Account holders, even though they are old accounts? I will appreciate someone's assistance. Thanks!
Icon Mini Profile jameshogg
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Post Posted: Wed Oct 27, 2010 12:24 am    Post subject:
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Hi Hector,

In my opinion, you should first directly contact Equifax and try to remove the disputed item from your credit report. If the credit bureau is not ready to help you in this matter, then you should contact the creditor and check out if they can help you in this matter.

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Bfbrison

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Post Posted: Tue Dec 14, 2010 12:10 pm    Post subject: ONLY WAY
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I am in the midst of doing that and the only way i have found to do it is to actually call the creditor and asking them to fax it to you its frustrating because some of the people that you will talk to will have no clue what you are talking about... But here is the best thing if your raise enough hell they will send it out asap....
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Post Posted: Wed Dec 22, 2010 9:03 am    Post subject: DIsputes
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Hi, I too am having the same problem. To me, it is UNFAIR practices that you should be forced to have a dispute removed pending a loan. We have the right to dispute on our credit file inaccuracies. I am going to see an attorney about it next week. Equifax is the hardest. My husband and myself gave up on it after they wanted us to lie to a creditor on the phone that we were not disputing it. I feel they went to far, b/c we are disputing due to a major inaccuracy on the credit report.
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Post Posted: Wed Jan 26, 2011 9:35 am    Post subject: Dispute on Credit Report
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I am currently dealing with a similar situation. I had an account I disputed a few years ago but was then cleared up shortly after I disputed it in 2008. This has since been removed from all credit bureaus but Equifax. This is the last item holding up my loan. I received a letter from the creditor stating this should not be on my credit report but Equifax stated it will take 30 days to investigate. Do you know if the bank will accept the letter from my creditor or does the dispute have to be removed from my credit report?
Icon Mini Profile smithsussane
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Post Posted: Thu Jan 27, 2011 12:11 am    Post subject:
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Hi Guest!

Welcome to forums!

I think the bank will accept the letter and may give you the loan. You should write the letter and contact the lender informing him about your situation. There are chances that you may get the loan.

Feel free to ask if you've further queries.

Sussane
Icon Mini Profile canadarates





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Post Posted: Tue Feb 01, 2011 10:43 am    Post subject: RE
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They're a pain to deal with. There is just no way around that. Send them the dispute by registered mail. A lender may allow you to still get a loan if they know you are disputing your negative credit item though.
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Icon Mini Profile gmakerley
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Post Posted: Tue Feb 01, 2011 5:58 pm    Post subject:
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Different answers to the same question...not usually very helpful, especially when one is off-track completely.

With a lender providing a letter concerning an account that is on a credit report, virtually all lenders will look upon the letter as satisfactory evidence and move forward. Those who don't do so are somewhat neanderthal.

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