Sure, but we had perfect credit until HSBC reported false information.
They reported 90 days late. We've never been late.
We called to fix it. They said at first "we've made a serious error" and "we will fix it by december" (This is only after we had to get a lawyer involved and do a 60 day respa letter)
So the December date passes without the fixes to our credit they promised.
Then they give us a written response to their "account investigation" to our respa letter.
The letter said "We are sorry. We lost your mortgage paperwork."
So we called them. They said "It is showing as fixed in our system. You were not late."
Checked all 3 credit reports. Nope. Not fixed. 90 days late. All 3 bureaus, with different months reported as "late"
Filed disputes....
Dispute investigations expire....
The results of ALL 3 reporting agencies....
HSBC reports as of March "the 90 days late remarks are accurate"
Anyways, some people with awesome credit can very easily have their credit ruined by incompetent banks.
And who do the 3 credit bureaus side with every time?
The creditor.
Our mortgage has jumped way up to 12% because of them.
And yeah, we are filing suit.
Our next step is to find out exactly how much we can get for 7 counts of fraudulent reporting, gross negligence, etc. etc. etc.
Hate those guys.