YES! Experian deleted 1 of the 3 hard inquiries that I disputed a few weeks ago and... drumroll... my score went up 4 WHOLE POINTS from 688 to a whopping 692! HOT DANG! question - how is it that an inquiry can cost you 10 to 15 points - but when it's deleted you get only 4 measly points back?
Sigh, i see. (btw - gib - I also had a drop of 3 points a while back wheon one of my inquiries past the 6 month point - and my balances weren't higher than before - go figure) The thing that's frustrating is that the 2 main reasons for my score not being higher is length of credit histroy (first card reporting is 4.5 yrs old) and inquiries (2 in the past 6 mos on Experian). On the other hand - I got 3 new cards in the past 2 months - an addt 20K in credit on top of what I already had (total cl 56.5K) - so I guess I shouldn't be all whiney about the damn score.
Lizardking - Yeah - I have noticed - on Experian especially - that debt - even small - has a significant effect on score. I've got about 7K debt - which is about 15% of my total credit available on Ex (I actually have another 8.2K cl on Generations Bank - but they don't report). I read somewhere that if you have a longer length of credit history - let's say at least 7 years - 15% utilization is fine - HOWEVER - if your credit history is short - 15% can negatively effect your score. I'm going to do like you did - try to pay it down to a minimum over the next few months (If i have to use credit - i'll use non-reporting Generations Visa) and see what happens.
Remember the old Green Stamps which you could redeem for merchandise ? LOL!! My Mom would always just throw them in the drawer - and I would suffer once a month with a saliva shortage when I had to paste those nasty things into the books !?!! aarrfff - dogman
When I went from 0 to 1 inquiry on EX my score dropped 13 points. I'm waiting on Docs Trick to see how many points I recover. I think the 30 days is in the next couple of days. Charlie
LOL Dog S&H Green Stamps....and all that for lousy merchandise... Well THEYRE BACK...they even have an S&H GreenStamp Visa Card LOLOLOL Actually the stamps are STILL redeemable they say, "after all, they never expire" LOL __________________________________________ A generation of Americans grew up with them, Andy Warhol immortalized them in his art and consumers redeemed more than $10 billion in rewards with them. S&H Green Stamps were all the rage and everywhere you looked, America was collecting them. Now S&H Green Stamps are back in an all-new digital format. http://www.greenpoints.com/account/act_default.asp -Peace, Dave
