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Valued Member
Posts: 34
Registered: ‎10-12-2008
0

My scores are bouncing all over

I know that in the midst of the BK process the FICO point movements are irrelevant, but it's still very interesting to me just how much swing in scores there are. At the start of the BK the bad accounts started updating and my score rose. Then my positive accounts (ie current student loans) uodated - wow that tanked my score. I know I should ignore than and wait it out, but I find it fascinating how each account change affects the scores. I am really, really looking forward to these scores moving upward!

 

 

 

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Starting the rebuild from BK 7 - Filed 2/28/17, 341 4/3/17, Awaiting discharge in June
pre BK: EQ-546 TU-562 EX-555
4/3/17: EQ-564 TU-571 EX-578
Live, learn, and overcome
Established Contributor
Posts: 680
Registered: ‎03-07-2013
0

Re: My scores are bouncing all over

im in that same position the largest drop was just recently.... Score went up as account balances 0'd out but then my car loan report as IIB and 0'd out and dropped 33 points i was like NOOOOOOO i was in the high 500s now im in the low 500s lolz...
CH7 Filed (3/29/17)
Scores Day of Filing - 483 EX, 517 TU, 516 EQ
Scores Day of 341 - 518 EX, 509 TU, 515 EQ
Valued Member
Posts: 34
Registered: ‎10-12-2008
0

Re: My scores are bouncing all over

I tell ya - the 98 point drop on TU really stung! I know the student loans will eventually return, so the scores should come back up post-discharge, but still it hurts. The only good things about keeping the student loans is that they are positive tradelines.

Starting the rebuild from BK 7 - Filed 2/28/17, 341 4/3/17, Awaiting discharge in June
pre BK: EQ-546 TU-562 EX-555
4/3/17: EQ-564 TU-571 EX-578
Live, learn, and overcome
Highlighted
Established Member
Posts: 15
Registered: ‎03-30-2017
0

Re: My scores are bouncing all over

My score has gone up 123 points since filing. Hopefully it keeps going up

BK7 Filed 03/30/17
341 Meeting 05/03/17 Wish me Luck!!

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