Questions on truecredit report info

[lostinmich]

I'm in the process of cleaning up my credit reports and I have a few questions regarding the statements on my reports.

1) TransUnion reports my IIB accounts as "Chapter 7 bankruptcy". Is this correct or should it say something to the effect that it is/was discharged in bk?

2) Do the High balance, terms, Limit, etc areas have any affect on my scores? If so, obviously I want to dispute those right?

3) Another thing in regards to type... I have some accounts that are listed as "Unknown - credit extension, review, or collection" when they are actually a credit card. Can I/Should I dispute this?

Finally, 4) I disputed an old credit card that was showing some lates. It came back verified but now shows it's 30 days late. This card has been paid off for years and is scheduled to drop off in December. How do I address this... dispute again? Send a letter to the creditor threatening legal action? Sue?

Thanks!

[Princesskina]

1) TransUnion reports my IIB accounts as "Chapter 7 bankruptcy". Is this correct or should it say something to the effect that it is/was discharged in bk?
I think they should report as IIB not discharged because that's how all mines reported after disputing.

2) Do the High balance, terms, Limit, etc areas have any affect on my scores? If so, obviously I want to dispute those right?
YES make sure that the balances are now $0 nothing owed even if they say IIB, since its discharged there is no debt owed.

3) Another thing in regards to type... I have some accounts that are listed as "Unknown - credit extension, review, or collection" when they are actually a credit card. Can I/Should I dispute this?
I cant really say here cause IMO as long as it shows IIB it dont make a difference but if it's a positive tradeline that is current and you still use I would want it to report as a CC but to each its own.

Finally, 4) I disputed an old credit card that was showing some lates. It came back verified but now shows it's 30 days late. This card has been paid off for years and is scheduled to drop off in December. How do I address this... dispute again? Send a letter to the creditor threatening legal action? Sue?
I would contact the original creditor FIRST and then if they dont fix it you need to provide proof to the reporting agency.

Thanks![/QUOTE]