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#2186734 - 07/25/18 02:44 PM TU incorrectly reporting HELOC as closed
Dusty Offline
Member
Joined: Sep 2006
Posts: 68
New England
Has any other bank or CU had an issue with Transunion reporting a customer's HELOC as closed when it was only paid to zero and but still active? TU told me that is how it works.
KD

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General Discussion
#2186744 - 07/25/18 03:14 PM Re: TU incorrectly reporting HELOC as closed Dusty
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,353
Galveston, TX
You have got some bad information from TU or the information that you are reporting indicates the account to be closed. Why would an active HELOC be any different than an active credit card??
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#2186754 - 07/25/18 03:38 PM Re: TU incorrectly reporting HELOC as closed Dusty
Dusty Offline
Member
Joined: Sep 2006
Posts: 68
New England
The code we are reporting is "Account in Good Standing". When I asked to speak to a manager they said they just asked and I would get the same answer. ARRRR!

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