Here's the situation: One of reports is clean except one account. The creditor hasn't updated the account in 2 years and it says closed. The is no CA on this report. The amount owed is the without interest. This means maybe within a year this account will not have a lot of impact. My score on ths report is close to 600. Leaving this alone could get me in the 600 club soon. On my other 2 reports the creditor updates regularly and so does the CRA. The amount owed is increasing because of interest. I know it's double reporting and I'm trying to figure a strategy. In the mean time I thought about disputing the TU report. If it gets deleted then I will have clean report to count on and could possily be close to 700! On the other hand, if it gets verified, the creditor could start updating TU and inform the CA as well. This could set me back. Has anyone been in this situation? Any advice?
What probably has happened is that the CRA 'almost clean' report, the creditor no longer has a contract with them, so they no longer report to them. But that does not guarantee that they will not respond if they get notification from the CRA concerning a dispute. This can go either way. Hopefully someone else can give more insight than me.
Hmmm...so that's it. They no longer have a contract. That makes since. Surely they wouldn't start a new contract just for me! If they have no contract maybe TU will just delete? (long shot!)
