I've been paying down my balances and it seems the lower they get, the longer they take to update. Typically DMB sends a statement on the 1st, updates happen in two weeks. Almost three weeks and no sign. AARRGGH! You know if I ran up $2k, before I paid it off two weeks later it would appear the next day. Called EXP and they told me - no, I'm not making this up - they won't "investigate" a wrong balance until 90 days has passed since the last update. Anyone have good/bad balance stories? I paid these suckers down months ago and I'm still not seeing the results in my score.
DISCOVERCARD BALANCE $17,500 FOR 3 MONTHS (did not owe more than $100 in that 3 months) DISPUTED FOR 3 MONTHS IN A ROW...so they put a NEGATIVE COMMENT ON IT--CONSUMER DISPUTES ACCOUNT I DISPUTED THE BALANCE!!! THE ACCOUNT WAS MINE!!! I OWED NO MORE THAN $100!!! DISCOVERCARD said they did not put it there...the CRA's didn't put it there... I wonder how it got there???
At some point you may be thankful for the slow reporting... depends on your situation I suppose. If your waiting for the update in order to apply for something, just call the company and ask them to update the balance.
I disputed a balance and they deleted the account. In retrospect I like hidden lines of credit so worked for me
I've got a story for you ... in Aug one of my accoutns was reported as "in dispute". I have never disputed the balance or the account with neither the DF or the CRA. Called the DF and asked them what to do. They said I have to write a letter to their Credit Bureau Disputes department. I said, OK, in this case my letter will be considered a dispute and then the account will be reported accurately. They didn't know what to say ... So, after all - how do you dispute that your account is "in dispute" when you haven't disputed it?
