You may see an inquiry on your credit report from Credco if you have recently applied for a mortgage or refinancing on your home. Mortgage Lenders use CoreLogic Credo to obtain a merged credit report from the three large credit bureaus Equifax, Experian, and TransUnion. Some Credco reports also contain information from their own databases.
If you see an inquiry on your credit report from Credco and you have not been working with mortgage lender, you can dispute the inquiry with the credit reporting agency. Hard inquiries on your credit report can affect your credit score, do not let inquiries that shouldn’t be on your credit report go undisputed. I could cost you in higher insurance premiums and higher interest rates.
If the Credco inquiry is legitimate, make sure the report is as well. Errors reported on a CoreLogic Credco merged credit report or a CoreLogic Credco CreditIQ report can be damaging. They could result in denial of a home loan and/or higher interest rates.
CreditIQ is a supplemental credit report provided by CoreLogic Credco. This report may be run during the pre-qualification stage of lending. The CoreLogic Credco CreditIQ report combines their traditional merged report from the three large credit bureaus along with CoreLogic Credco’s own proprietary data. This data gets integrated into existing sections of the standard credit report.
The CreditIQ from CoreLogic Credo may include the following information not usually found on traditional credit reports:
For more on what’s included in a CreditIQ report from CoreLogic Credco see their CreditIQ brochure.
Wether it is a merged credit report or a CreditIQ credit report from CoreLogic Credco, they should be free from errors.
Under the Fair Credit Reporting Act (FCRA), consumer reporting agencies are supposed to make sure that the information they provide is accurate and up-to-date. Because mistakes on these reports are common, the FCRA also gives consumers the right to dispute errors on their reports.
The credit reporting agencies have 30 days to investigate your dispute and make any corrections.
These are some recent cases against CoreLogic Credco. If you have a similar situation to these, and you want to file a lawsuit, fill out the form on this page to see if you have a case.
Hughes v. Corelogic CredCo LLC. – NDAL. Corelogic produced consumer reports inaccurately marking Plaintiff as deceased when he is very much alive. Corelogic failed to reconcile conflicting information from the three major credit reporting agencies regarding the deceased status of Plaintiff and thereby inaccurately reported him as deceased. As a result, Plaintiff was denied a mortgage.
Currently in litigation.
Johnny Jackson v. CoreLogic CredCo LLC. – C.D.CA. Mr. Jackson was denied refinancing on his home because of inaccurate information on a CoreLogic report. The inaccurate information belongs to another individual with the same name as Mr. Jackson. The case settled.
Diane Starkey v. CoreLogic CredCo LLC. – C.D.CA. Ms. Starkey was denied refinancing on her home because of inaccurate information on a CoreLogic report. The inaccurate information belongs to another individual with a similar name as Ms. Starkey. The case settled.
At Francis Mailman Soumilas, P.C. we know how frustrating and damaging it can be when credit reporting agencies report false information. It can cause major set backs in the lending process or cost you money in higher interest rates and insurance premiums.
We know the laws under the FCRA and have been fighting for consumers like you for over 20 years against false reporting. You have rights, and we are here to help you.
Fill out the Case Review Form or call us at 1-877-735-8600, for a free consultation. There is no obligation and never any out-of-pocket cost to you. We only get paid when you win.
CoreLogic Credco Disputes Contact Information
Mailing Address: CoreLogic Credco, LLC
Consumer Relations Department
P.O. Box 509124
San Diego, CA 92150
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