1 point score increase???

Discussion in 'Credit Talk' started by momof5, Jun 1, 2002.

  1. momof5

    momof5 Member

    HI!

    I had a collection account that dropped off today, it was a collection for 6200.00 and my score went up 1 POINT!! STRANGE! Also I had an account that I was disputing for lates and CRA noted it as closed which it is but kept the lates and scored dropped 15 POINTS!! Does the scores update later or is this how it works? WTH???

    Momof5
     
  2. thomas

    thomas Well-Known Member

    I had a three year old paid collection drop off and got one point increase. But, my creditors thought it was important enough to them to justify jacking up when interest rate when it first appeared. I will never understand this scoring stuff.
     
  3. GEORGE

    GEORGE Well-Known Member

    Somebody here LOST a few points when a "BADDIE" was deleted...
     
  4. mfactor

    mfactor Well-Known Member

    I got a 1 point increase last week, and nothing changed on my credit file. Go figure.
     
  5. lilgong

    lilgong Well-Known Member

    perhaps it a game they play to stop disputes, I disputed a paid CA, as over the reporting time, which it was, and Wham my score went up a whopping 1 point from the delation, so I see this is the norm,, then for no reason, no changes, a week later it went up 6 points, this is on experian,
    depressive isnt it?
     
  6. GEORGE

    GEORGE Well-Known Member

    I got a 2 point jump TODAY (since 05/30/02) because SEARS now has $150.00 due...ISN'T THAT NICE!!!
     
  7. lbrown59

    lbrown59 Well-Known Member

    I had a three year old paid collection drop off and got A one point increase. But, my creditors thought it was important enough
    for them to justify jacking up my interest rate when it first appeared. I will never understand this scoring stuff. thomas |
    =================================
    I understand it well -it's a scam plain and simple!
     

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