Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
CU Only Reporting to EQ
Started by
alibaba77
, Jul 03 2012 10:57 AM
23 replies to this topic
#1
Posted 03 July 2012 - 10:57 AM
#2
Posted 03 July 2012 - 10:59 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
You can't force a company to report to any of the 3 CRA's, it's their decision. However, you can call and ask if they report to all three CRAs or just EQ. Maybe there is a problem in reporting, or maybe they only report to EQ.
#3
Posted 03 July 2012 - 11:22 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
You can't force a company to report to any of the 3 CRA's, it's their decision. However, you can call and ask if they report to all three CRAs or just EQ. Maybe there is a problem in reporting, or maybe they only report to EQ.
Just called...A very nice lady checked into it and was told they do not report because they do not have accounts with TU or EX. She said I could contact TU and EX and request that they review my EQ report but it likely wouldn't update unless I requested it. She said that in itself would be a shot in the dark. Oh well, I suppose that's what I get for putt all of my eggs in one basket for so long.
#4
Posted 03 July 2012 - 11:30 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
You can't force a company to report to any of the 3 CRA's, it's their decision. However, you can call and ask if they report to all three CRAs or just EQ. Maybe there is a problem in reporting, or maybe they only report to EQ.
Just called...A very nice lady checked into it and was told they do not report because they do not have accounts with TU or EX. She said I could contact TU and EX and request that they review my EQ report but it likely wouldn't update unless I requested it. She said that in itself would be a shot in the dark. Oh well, I suppose that's what I get for putt all of my eggs in one basket for so long.
She doesn't know what she's talking about. TU and EX won't "review" your EQ report, and they certainly don't accept self-reported TLs. They will only report what is reported to them by the creditor. This is a classic case of "Hmm, I have no idea AT ALL, but this sounds like it SHOULD work, based on what I think would be logical instead of actual knowledge of the subject..."
The amount of bad advice given out by CU employees is really shocking.
#5
Posted 03 July 2012 - 11:33 AM
Depending on your circumstances, I'd suggest applying with a known, reliable EQ puller for a new TL that reports to all 3.
Use your EQ report to your advantage.
Good luck!
Use your EQ report to your advantage.
Good luck!
#6
Posted 03 July 2012 - 11:34 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
You can't force a company to report to any of the 3 CRA's, it's their decision. However, you can call and ask if they report to all three CRAs or just EQ. Maybe there is a problem in reporting, or maybe they only report to EQ.
Just called...A very nice lady checked into it and was told they do not report because they do not have accounts with TU or EX. She said I could contact TU and EX and request that they review my EQ report but it likely wouldn't update unless I requested it. She said that in itself would be a shot in the dark. Oh well, I suppose that's what I get for putt all of my eggs in one basket for so long.
She doesn't know what she's talking about. TU and EX won't "review" your EQ report, and they certainly don't accept self-reported TLs. They will only report what is reported to them by the creditor. This is a classic case of "Hmm, I have no idea AT ALL, but this sounds like it SHOULD work, based on what I think would be logical instead of actual knowledge of the subject..."
The amount of bad advice given out by CU employees is really shocking.
I agree, but would not limit the bad advice coming from CUs. Pretty much any business dealing with credit, even mortgage underwriters, have no idea WTH they are talking about.
#7
Posted 03 July 2012 - 11:36 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
You can't force a company to report to any of the 3 CRA's, it's their decision. However, you can call and ask if they report to all three CRAs or just EQ. Maybe there is a problem in reporting, or maybe they only report to EQ.
Just called...A very nice lady checked into it and was told they do not report because they do not have accounts with TU or EX. She said I could contact TU and EX and request that they review my EQ report but it likely wouldn't update unless I requested it. She said that in itself would be a shot in the dark. Oh well, I suppose that's what I get for putt all of my eggs in one basket for so long.
She doesn't know what she's talking about. TU and EX won't "review" your EQ report, and they certainly don't accept self-reported TLs. They will only report what is reported to them by the creditor. This is a classic case of "Hmm, I have no idea AT ALL, but this sounds like it SHOULD work, based on what I think would be logical instead of actual knowledge of the subject..."
The amount of bad advice given out by CU employees is really shocking.
I agree, but would not limit the bad advice coming from CUs. Pretty much any business dealing with credit, even mortgage underwriters, have no idea WTH they are talking about.
Lately, I have heard more than usual coming from CUs. Like the brochure they put out advising people to check their credit reports for old, unused accounts and close them to improve scores. WTF????
(And I certainly didn't limit the bad advice to CUs... only mentioned the bad advice coming from CUs because that's what this thread involved.)
Edited by Gaby10, 03 July 2012 - 11:40 AM.
#8
Posted 03 July 2012 - 11:39 AM
Lately, I have heard more than usual coming from CUs. Like the brochure they put out advising people to check their credit reports for old, unused accounts and close them to improve scores. WTF????
Lol! That's some pretty terrible advice.
#9
Posted 03 July 2012 - 11:41 AM
Lately, I have heard more than usual coming from CUs. Like the brochure they put out advising people to check their credit reports for old, unused accounts and close them to improve scores. WTF????
Lol! That's some pretty terrible advice.
Scary bad.
Oh and I believe they refer to these accounts as "unnecessary," too.
Edited by Gaby10, 03 July 2012 - 11:44 AM.
#10
Posted 03 July 2012 - 11:50 AM
Is there any way to have a CU report to all three CRAs when they've only reported to EQ. Since they are only reporting to one CRA it is causing my score at the other two CRAs to suffer. Anyone here had any luck in this situation?
thats funny, i have the opposite with my CU...my highly used visa isnt on TU but is on the other 2 and my fako is much higher for TU as a result. so if i can get a TU only puller i probably can get a better card
#11
Posted 03 July 2012 - 07:01 PM
This being the case, every score simulator I've used is telling me to open a new credit card. My concern is that I won't be able to qualify for a mortgage if I do that. Is this concern warranted? Should I hold off? I know the simulators are not that reliable but it would be nice to do something to improve those other two scores. It's a shame that an action that has a positive effect on my score could ultimately disqualify me from getting credit approval.
Flawed system!!!
Flawed system!!!
#12
Posted 03 July 2012 - 08:12 PM
Flawed system!!!
Understatement.
#13
Posted 03 July 2012 - 08:31 PM
#14
Posted 03 July 2012 - 08:32 PM
QUICK!! Apply to Penfed -- Check eligibility box for NMFA.
https://netmember4.p...ligibility.aspx
??? It said my session had timed out??
#15
Posted 03 July 2012 - 08:37 PM
QUICK!! Apply to Penfed -- Check eligibility box for NMFA.
https://netmember4.p...ligibility.aspx
??? It said my session had timed out??
IDK.. click join Penfed top of page ..
https://www.penfed.org/
#16
Posted 03 July 2012 - 08:50 PM
QUICK!! Apply to Penfed -- Check eligibility box for NMFA.
https://netmember4.p...ligibility.aspx
??? It said my session had timed out??
IDK.. click join Penfed top of page ..
https://www.penfed.org/
Anybody know anything about the two organizations? Voices or NMFA? Which would be the better?
#17
Posted 03 July 2012 - 08:53 PM
Also, does PenFed do a hard pull to join?
#18
MarvBear
- Admin
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- 45,508 posts
Administrator
Posted 03 July 2012 - 08:56 PM
Be careful Penfed don't like Egyptians. Especially Egyptian bears.
#19
Posted 03 July 2012 - 08:58 PM
Also, does PenFed do a hard pull to join?
Yes, an EQ pull that is good for all other credit apps for up to 90 days. So you should app for a credit product after joining.
#20
Posted 03 July 2012 - 09:00 PM
Be careful Penfed don't like Egyptians. Especially Egyptian bears.
But wait until I say the magic words!!! "OPEN SESAME!!!"
Works every time!!!
#21
Posted 03 July 2012 - 09:01 PM
Also, does PenFed do a hard pull to join?
Yes, an EQ pull that is good for all other credit apps for up to 90 days. So you should app for a credit product after joining.
But the report to all three??? An only pull EQ upon joining???
#22
Posted 03 July 2012 - 09:07 PM
Also, does PenFed do a hard pull to join?
Yes, an EQ pull that is good for all other credit apps for up to 90 days. So you should app for a credit product after joining.
But the report to all three??? An only pull EQ upon joining???
Yes, yes.
#23
Posted 03 July 2012 - 09:09 PM
You can join either National Military Families Association ($20 one time donation) or Voice For America's Troops ($15 one time donation) to gain eligibility for PenFed.
Be forewarned though, PenFed has a reputation of being super-conservative (wanting high FICO scores, 720+), and wants to see decreasing balances on your credit report over the last six months (otherwise you will be labeled an Egyptian)
#24
Posted 03 July 2012 - 10:43 PM
You can join either National Military Families Association ($20 one time donation) or Voice For America's Troops ($15 one time donation) to gain eligibility for PenFed.
Be forewarned though, PenFed has a reputation of being super-conservative (wanting high FICO scores, 720+), and wants to see decreasing balances on your credit report over the last six months (otherwise you will be labeled an Egyptian)
I thought balance histories weren't retained in the CR??? How will they know if they've been decreasing or if I just paid everything off last month???
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