According to my Score Power my #2 Negative factor lowering my score is a proportion of balances/limits of 375%, which is significantly lowering my score. This proportion is derived solely from the following Cap 1 charge off from 2000. $603/$161= 3.75 or 375%. EQUIFAX Capital One Date of last Act.-- 3/2000 High Credit-- $161 Balance-- $603 (As of Date Reported) Reported -- 7/2002 (According to my EXP report this account was written off to profit/loss in the amount of $471) QUESTION: Do I have any legal teeth in disputing this with Equifax or Cap 1 based on the fact: 1)My report shows a high credit of $161 and a balance of $603, which is greatly increasing my balance/limit ratio and greatly decreasing my score. 2)According to my EXP report this account has been written off. Once a debt has been written off by the OC are there any restrictions in reporting to CRA's? This doesn't seem to me to be 100% accurate reporting, but I don't know of any legal foothold to back up a dispute with Cap 1 of EQ. Anyone who has any suggestions on how I should address this or has any FCRA information regarding my situation, Please respond. T-Man
