Friday, February 29, 2008
The BASTARDS at Trans Union and Capital One: TU FICO 563
I just reviewed the myFICO reports for a Credit Review. We have a bankruptcy and 4 Capital One discharged accounts.
NONE of the Cap One accounts have the DATED CLOSED.
The score factors from the TU myFICO report:
Trans Union
Top Negative Factors
You have a public record, serious delinquency and a collection on your credit report.
Number of your accounts that were ever 60 days late or worse: 12
Number of public records on your credit report 1 Record
Number of collections on your credit report: 1 Collections
The date of your most recent missed payment is unknown.
Your most recent late payment happened: 0 months
-- All 4 Cap One accounts need the DATE CLOSED no later than 11/05 when you filed for BK
-- This could also be GMAC, STATUS 2/08 + Ch. 7, no way of telling until Cap One got fixed
You have multiple accounts showing missed payments or derogatory descriptions.
Number of your accounts with a missed payment or a derogatory description: 13 accounts
You have few accounts that are in good standing.
Number of your accounts currently paid as agreed: 0 account
-- GMAC is NOT counted as positive because of the Ch. 7 notation
What’s helping your FICO score
You’ve limited the use of your available credit.
Ratio of your revolving balances to your credit limits Unknown
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The Equifax FICO is 640, about where it should be with the 11/05 Ch. 7 and NO open accounts because the current auto loan is reported as discharged.
AS USUALLY, the auto loan is reported as DISCHARGED while actually paid as agreed.
But that all 4 Cap One accounts are reported WITHOUT the date closed confirms my suspicion that Cap One deliberately does NOT report the DATE CLOSED to TU to lower the scores. I don’t know whether they also omit the DATE CLOSED for charged off accounts.
Capital One HAS to report the credit limits now—AFTER I spent 6 years of my life complaining and suing.
How long until they’ll report the DATE CLOSED?
FYI, I really have to post the TU filings, Trans Union incorrect Date Closed and address made in on the public record.
A reader recently wrote:
I talk about the unabated tsunami of corruption and the greed in this world a lot. They don’t just step on your neck; they grind their foot while doing it. If the victim is 85-years-old, they may smile sweetly as they twist both feet.
And that is how it is.
I owe Capital One over $20k.
WHY am I paying Capital One?
2008 - 2009 FCRA - FDCPA violations • Trans Union incorrect Date Closed and address • (2) Comments • Permalink
