Dispute Credit Histories When Companies Combine

The best time to dispute erroneous credit report items is when companies merge, says reader Thomas. It’s a little gray hat but hey, power to the people.

Thomas writes:

    “I’ve found that the best time to clean up problems in credit history is when companies merge with or are bought out by other companies. Frequently, a lot of the payment history details are lost when IT systems are merged. I had a student loan I didn’t realize was back in repayment, and it caused me problems for years. Then that student loan company was acquired by another. For the third time, I disputed the information and it was deleted because the new company was unable to provide any details or evidence.”

— BEN POPKEN

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  1. Ass_Cobra says:

    This I like.

  2. Ass_Cobra says:

    Thi

  3. mikecolione says:

    Good Idea, but alot of the time companies maintain a backup of such data in a warehouse somewhere, it just takes them time to locate it and submit it to the credit agencies again.

  4. loueloui says:

    ..alot of the time companies maintain a backup of such data in a warehouse somewhere, it just takes them time to locate it and submit it to the credit agencies again.


    Yes, but not more than 30 days. I sent a request in to Verizon, for an old Primeco account I had, and they simply refuse to provide any details. Verizon you are scum!