Best of Luck,
Century 21 Tenace
NMLS # 6395
Financing Kentucky One Home at a Time
If you have letters from the creditors that the accounts are closed (hopefully paid off or at least saying you do not owe them anything), send them to the 3 credit reporting agencies. They will have 30 days to verify the information and remove it from your credit report. At that time they will send you a letter telling you what they have done. If you do this as a rapid rescore, you may find out that these items will appear again on your credit report. The lender runs your credit a week before your closing and would cancel your closing if they appear.
The information on the credit reports (All 3 Bureaus) needs to be reviewed by you in detail. You can order the reports free one time per year. The lender is not supposed to give it to you, even though it is your information. They can only discuss it with you in general.
First are the disputes yours? Are they on your reports in error and really someone elses credit issues? There are many errors on credit reports due to inaccurate reporting, typos, etc. If the charges are yours, have you spoken to the reporting company? Are you able to pay the balances off in full?
If you can pay them off, document the payments, request that they update your reports, (you will have to contact all credit reporting agencies that have these charges on their site), & wait for the corrections. It may take several contacts with them.
Hope this helps. Contact me if I can assist you with your home purchase!
If I were you I would send them a certified letter stating exactly that and demanding that these items be cleared up immediately and your credit report changed to reflect the result.
Be prepared, though, for the mortgage company to use yet another credit reporting agency. And, if they DO then get the name and address of their credit reporting agency and have THAT report updated as well. It could take a little while, 30 days or so, but it will be worth it in the long run. Your lender should be able to help you as well.