Collection deleted and score raised

Discussion in 'Credit Talk' started by hkolln, Sep 26, 2002.

  1. hkolln

    hkolln Well-Known Member

    WOO HOO...I disputed my collection acct from 99 with EQ of 85.00 which was paid and I just pulled my EQ report thru creditwatch and it was deleted WOO HOO...and my score jumped from 627 to 641 so I'm making progress!!! Funny thing is I have no derogs on my report now and I still can't seem to get into that 700 club! Will it go up from here? I do have alot of inquiries but they should be gone in 6 months cause they are old ones. Any suggestions on raising the score more?

    And can I dispute this CA thru TU and Ex too? If so, what are their websites to dispute? Thanks alot!
     
  2. DISPUTER

    DISPUTER Well-Known Member

    And can I dispute this CA thru TU and Ex too? If so, what are their websites to dispute? Thanks alot! [/B][/QUOTE]

    You can dispute them online. Do you know for sure if the CA is on EX and TU?

    www.experian.com

    www.transunion.com
     
  3. DemPooches

    DemPooches Well-Known Member

    Helen,

    Our experience with EQ has been that you can have a dramatic impact on your score by making sure that none of your accounts are at or above 50% utilization, (or Cap1 at or above 50% of the high credit), and by having less than 5 revolving tradelines with any balance at all.

    EQ has many different scoring models, so I can't guarantee this will work in all cases, but in the case of both of our EQ reports, the same pattern held true.

    Hope this helps.

    DemPooches
     
  4. cibomatto

    cibomatto Well-Known Member

    HK, how many positive tradelines do you have?
     
  5. hkolln

    hkolln Well-Known Member

    Yeah, I think that is my trouble...I have only like 4 credit cards active right now and 3 out of the 4 are like almost maxed out. I have put them all away and am working on debt reduction so once I get them paid down or off I will be in better I think with Equifax.

    Thanks!
     
  6. hkolln

    hkolln Well-Known Member

    Gosh, I have about 22 ( positives and no derogs) but my student loan is showing up as 4 separate tradelines. I have a mortgage, GMAC, Home equity loan, Circuit city, Texaco, Discover, Cap 1, Navy Federal Platinum Visa, Chase Platinum, Shell Mastercard all showing balances and a bunch of others showing 0 balance and paid as agreed (well all say pays as agreed). I do have alot of accounts still sitting on there stating "closed by consumer" and I'm wondering if that will affect my score. Do they stay on for 10 years? And is that 10 yrs from the last activity? If so alot of them are dated 2000 and 2001.
     
  7. DemPooches

    DemPooches Well-Known Member

    The "closed by consumer" accounts shouldn't be hurting you. We wre concerned about some of ours too that were a couple of years old, were never used at all. We got them deleted and wouldn't you know it? Scores went down.

    You might check to see what kind of scores Citi approves and consider trying the BDD. (Check to see who they pull in your state, here it is always EQ.) If you get the gold and silver and convert to the Platinum Select, Citi is doing some good 0% BT deals and tends to be fairly generous with starting CLs.

    Moving some of your balances around could help you a lot score wise as you continue to pay down the balances as a whole. (And of course, if you can BT to a promo rate, you can save a bunch of interest too.)

    DemPooches
     
  8. hkolln

    hkolln Well-Known Member

    Yeah that is what I did. I opened up my discover card last month, transferred two cards to that and am paying if off with a promo rate of 0%....I tried for a cit card a few months back and was denied but that was prior to the paid CA being removed.
     

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