Im new here and still going thru all of the old posts... Anyways, I did a 3-in-1 from Equifax and I noticed that some older accounts (that went to collections) are entered differently across the three companies. For example "NELNET LOAN SERVICES" is listed for Equifax and Transunion but its listed as "NELNET LOANS" for Experian. The addresses are different as well. The same also holds true for the collection agencies that this loan went to. So two accounts are listed as 4 items! Does this appear as additional accounts if its listed with different addresses and names for the same item? and is it hurting my score?
If the collection companies were attempting to collect on these accounts, they ALL can list the account. (not at the same time though) If the original creditor is listing the accounts, but they are THE SAME, then they could be duplicates.
Just to clarify, everything is paid off. I had two accounts (OC and CA). Both are paid off. Across the three CRA's the two accounts are listed with slightly different names and addresses. So it appears that there are 4 accounts with unique names and addresses. I do not have any duplicate items on any one CRA. Does this affect my overall score? Can I have the name/address amended to match the other/correct entries?
Does this affect my overall score? *Just to clarify, everything is paid off. thewired1 ============= * Paying them does not require removal
I understand that paying them off does not warrant their removal. My concern is that 2 accounts LOOK like 4 accounts when you look at all 3 CRA's at the same time! This is because they have slightly different names and addresses between them... BUT they are the SAME accounts! Do slightly different names/address equal a seperate account to my FICO score? For example: 1. NELNET LOANS - 6420 Whatever st. 2. NELNET LOAN SERVICES - POBOX 1234 3. OFF STU FIN AST/FLA - POBOX 5678 4. OSFA/EDS - Talahassee, FL Is this considered 4 accounts? This should be consolidated to just 2 items (1 & 3).
merged reports can produce more questions than they answer. The most important thing to remember is that very little info is ever mapped across multiple CRs. Your FICO score is computed once for EXP, once for EQ and once for TU using your current reports. That's why a lot of mortgage companies simply use your "middle score" - they don't want to look at all three, although they will to find unsatisfied debts/liens, etc.
The tri-merge reports can look really funky, I know. Don't sweat it, as long as the three reports taken individually are correct. If, however, you are seeing duplicates in the same individual report, then you have a problem.
