Has anyone else had Equifax make a mistake on their credit report? How helpful were they?
I received notification today that I was rejected for a credit card application
because of
"A garnishment, attachment, foreclosure, collection action or judgment was
recorded on your credit bureau report."
I am 44. My "misdeeds" (that I know of) consist of one late payment last April.
It was late 30 days. It was an honest mistake. I called the credit card company
as soon as I realized it and paid what I owed and then some, to be ahead for the
coming month. I did ask them to remove the $10 late charge, in the name of good
customer relations, and they did. But of course I paid the financing charges for
the roughly 30 days I was late.
I had a loan on a car from 1983-1985 but paid it off on time and never was late
for a payment. I paid cash for my next two cars. In 1996 I applied for a
mortgage on a coop townhouse but was turned down, because my graduate student
income was too low. So I paid cash for a coop townhouse (though as a coop
member, I had a blanket mortgage with several hundred residents of the coop). I
sold the coop townhouse in 2002. In 2003, I paid cash for a house. I can't think
of any other late payments or anything that I've done wrong other than be an
upstanding citizen with regard to debt. (Is that what they don't like? That I
don't carry much debt?)
Otherwise, in applying for this credit card I requested a balance transfer of
$3500 at 0% interest until May, 2005, per the terms of the Citibank letter of
solicitation sent to me.
I have requested a copy of my credit card report from Equifax. It's supposed to
be mailed within 30 days. They will let me see it online right now if I pay $9,
but I'm frugal and so for now am inclined to wait.
Can anyone shed any light on this for me?
Could anything I mention above qualify as a "garnishment, attachment," etc. as
described above?
Has anyone else had Equifax make a mistake on their credit report? How helpful
were they?
Forgive me, but could it be this is all a racket? To get $9 out of me and other
consumers for a credit report? Or so Citibank does not have to accept my balance
transfer?
-I'd pay some of the online services (like myfico.com) the fee to get
your credit report in real time online. I wouldn't wait 30 days.
-Also, make sure the CC co got your SSN correct. Last year when we
applied for a mortgage over the phone there