Had all 3 credit reports fixed after identity theft done to me. Does the credit agencies owe me points now?

Question

Mother stole my identity and i was able to fix the problem. all 7 credit cards that i owed due to the theft was removed.

My question is, can i ask the credit report agencies to increase my credit score because i never opened these credit cards and i have documents to prove it.

i figure since all of them were removed that i could have my points back that i once had. i had about 750 then due to the identity theft i now am left with 450 points.

Answer 1

Yes federal law requires that they report that you had documented identity theft proven and corrected.  Thus these credit damaging actions that occurred must be reassessed to hopefully increase your credit score. But the credit agencies are slimy scum and will move so slowly that you'll probably be dead and broke before they change your actual credit score to get a loan.

Answer 2

Once the accounts are removed from your credit the score automatically adjusts up or down depending on the effect the accounts were having.  If these were good accounts, your score might have dropped when you had them removed.  You need to see a copy of your credit report to make sure they were removed from all three bureaus.  If you only removed it from one or had it corrected with the companies but not directly with the bureaus then you haven't completed the process.

Look at the bottom of your credit report and it will give you the contacts information of all three bureaus. Feel free to contact me if you want me to review it with you and help.

Answer 3

If the ID theft accounts are removed from you credit report, they are no longer affecting your score.  

Were these credit card accounts in default or were they active, current accounts?  If they were active, current accounts, they may have been actually helping your score.

Answer 4

I would recommend 2 things: 1) a very low cost (possibly free) credit repair program to try to have the negative items removed. 2) I would add a tradeline program to boost your score quickly (60 days or quite possibly less). A friend in California used this and got a 120 point bump from 560 to 680. There has been a lot of disinformation by Experian saying these authorized user programs do not work. Check out the source news link for an article from July 30th that has them admitting it still exists. My friend in California went through www.totaldebtsolutionsllc.com and filled out their free evaluation form to get the ball rolling. Good luck.