This weekend a closed loan started reporting on my otherwise clean report (TU) and hit me for 71 points. The loan was opened in the summer of 1985, and reported as closed August 31 of this year.
Fun stuff right? Gets better.
I called around. Turns out the company reporting the 34 year old loan (of 300 dollars) did an update on their reporting systems, and they accidentally batched a butt load of old COs. Yup, you guess it right, the reporting entity is a Credit Union.
I managed to get carbon copied on internal email that is currently being traded between the Asset Recovery Team and the underwriters. The first sentence of the first email reads, "[Name Redacted] called in and his credit was affected due to the update that we, the Credit Union installed back in August of this year."
So, they apparently are going to batch repair what they broke at the end of the week. I guess it could be worse.
Folks, this is why you need at least three credit cards. Crap like this can pop up out of LITERALLY nowhere. JDBers can pull the legs out from underneath you, costing you approvals, APR, etc...
I got off easy, I guess. It's a pain in the ass. I dunno. I feel like I want to respond with something other than a calm disposition and a few jokes.