tl;dr - They haven't reported updated information since last year. How do I get them to do so, or how can I otherwise correct the information on my credit report?
Longer version:
Got a personal loan a few years ago through Lending Point. Earlier this year, I noticed that the last time they reported any updated information to the credit bureaus was December of last year. I paid the thing off back this past May, and had hoped that would trigger them to update it within a month or two, But they didn't, and as far as anyone(such as a new lender) is concerned, I still have an open personal loan that I owe a bunch of money on. Do I have to call these people and complain? Should I dispute the inaccurate information on my credit report? I spent quite a few years banging away at that stupid fucking thing, eliminating every negative account/collections/etc. Don't want to dispute that information just to find out that it's going to somehow backfire on me. As far as it stands now, I have no negative anything whatsoever on my report, and every single account on there is in good standing with a 100% perfect payment history.
Problem is, full-time job pays so little that for the last few years(basically since the pandemic started) I've been stuck more and more using credit cards and Affirm/After pay loans for "luxuries" such as... food, and having electricity, and clean clothes. You know, non-essentials. Using up more than half my (tiny) monthly income just to pay the minimums on the cards and the monthly Affirm payments at this point. Could use a new personal loan to consolidate all of that down to a single payment, but the fact that my cards are all maxed out is keeping my score down, making it difficult. And having it look like I already have an active personal loan when I don't, sure as shit isn't helping my case when trying to get a new one. Being able to consolidate would set me back into a position to where I have enough cash throughout the month to not have to rely on the cards to pay for basic shit in the first place.
Getting a loan won't help with income, but it could help with expenses. Changing a 20%-30% interest rate into a 7%-19% interest rate could be a useful thing to do for a 3-10 year plan, especially if it actually lowers the overall amount you need to pay each month.