@hoosier64 wrote:Adkins,
I held off disputing for the same reason. After re-reading the Fair Credit Reporting Act, I'm going to dispute directly with information furnisher (EdFinancial). Will update once I get a response in a month.
I received a CK notification of a closed account. My EdFinancial account is showing as updated paid, with a close date mid August.
@hoosier64 wrote:Did you submit a dispute, Adkins? Or did Edfinancial update it on their own?
My TU Report was updated by Edfinancial a few days after they received my written dispute. I'm hoping the other two will update this week.
I did not submit a dispute to any of the CRAs.
@hoosier64 wrote:All CRA's have now updated. Didn't get as much of a score increase as I was hoping for. The simulator said I would get +5 / +10 / +10 for paying down all but a small balance, but I only got +0 / +2 / +4 to my FICO 8. I did get a $2,500 CLI from Discover which was previously rejected with a note that my loan balances were high.
What were your balances? I'm in a somewhat related situation, where my loans were sold and are now double reporting. I'm wondering if I'll get any boost.
Same issues here. Loans with Ed Financial still reporting as open with balances. The bureaus have them all confused but they are all ~ 25 years old and reporting pays as agreed. I just got my 11bk discharged and the only positives on my reports are these and a few cards I closed because Cap1 doesn't let you product change. Thoughts on following others on this threads lead of reaching out to Ed to update? Cheers!
Starting Score: 575