4 posts shown.
rapidskipper12 said:Well, unknown posted it under the Institutions section...
Fine, I guess things haven't changed. That info was from February, but we've had new reports coming out since August, so that's why I'm asking.
Jacob Collins3 said:It tells you everything, really. I mean, it’s quite thorough—it lists every single obligation you have out there, wherever they might be, including stuff from back in the day...
I think we're talking about two different things here. Look, I get that they list all the debts, but when Chase pulls a report, it just shows the totals. It doesn't specify where the money actually went. Like, it tells you what you owe, but not who you owe it to. Does an official credit report requested by an individual actually show the specific creditors?
Did that report actually specify which bank held what, or did it just dump a list of liabilities without any way to track them?
So, I’m in the middle of a loan approval process, and my bank pulled a report from the NYSE, and there’s this random obligation showing up—looks like some kind of credit card from July 31, 2017, for an amount of $1.00. Apparently, the NYSE shows it's inactive, but since it hasn't been officially closed, the bank is breathing down my neck to shut it down. Back then, I had an account with Bank of America and a loan over at JPMorgan Chase. I checked with JPMorgan Chase, and they swear I don't have anything like that with them, which sounds right because I might have had a card with Bank of America once, but I never even activated it. I even reached out to Citigroup, who took over Bank of America a year ago, and they also claim nothing exists in their system. I have no clue where this thing is actually sitting, and I need to fix this ASAP because it's the only thing standing between me and my loan. It's Saturday, and the only place near me open is Wells Fargo, but I’m not a customer there. They told me I can request my own report from the NYSE, but apparently, it takes about 10 days to get a response.
Questions:
- I heard that the reports banks pull from the NYSE aren't the same as the ones we get ourselves—specifically, that a personal request shows account numbers and the specific banks that reported the data, while banks don't see all that when they run a check for a loan. Is that actually true?
- Also, is it true that you really have to wait 10 days for a personal request, or was that guy at Goldman Sachs just trying to brush me off? Does anyone know if you can get it way faster if you ask at the bank where you already have a checking account?
Please help me out if anyone knows what's going on.