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Valued Member
critterj7
Posts: 41
Registered: ‎05-16-2007
0

50 point jump

I know there is alot of talk on paying charge off's anf how it can hurt your score.  I paid a 911 dollar charge off that was also reporting as a past due balance.  I tried for a PFD and they said no, so I went on and paid it.  My EQ score went from  564 to 614 in one night by paying it.  I guess getting the PFD would have helped even more.  However I went from 911 past due to Zero past due and my scores went up like a rocket.
Regular Contributor
Rocket01
Posts: 226
Registered: ‎03-25-2007
0

Re: 50 point jump

same thing happened to me.:smileyhappy:
 
Super Contributor
MidnightVoice
Posts: 8,157
Registered: ‎03-25-2007
0

Re: 50 point jump

Maybe honesty pays  :smileyvery-happy:
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Established Contributor
so_confused
Posts: 630
Registered: ‎06-20-2007
0

Re: 50 point jump

Nice bump in score...:smileyhappy:
9/18/08 TU=707 EQ=706 EX=702
Valued Member
motoracer
Posts: 158
Registered: ‎06-15-2007
0

Re: 50 point jump

well I paid off 2 charge off a month ago they havent updated yet. i didnt get a PFD but i did pay off in full so im hoping I get the same amount of Jump
New Visitor
rats
Posts: 1
Registered: ‎06-28-2007
0

Re: 50 point jump

did you get your jump yet?
 
Established Contributor
trinigal
Posts: 578
Registered: ‎06-18-2007
0

Re: 50 point jump

[ Edited ]
Well then I have a question.
If the account is charged off does it make a difference to FICO whether you paid in full or came to a settlement amount?  Cause if its the same (ie, you're still left with a CO on your CR), then why pay in full?


Message Edited by trinigal on 06-29-2007 11:52 AM
Regular Contributor
Neblett
Posts: 217
Registered: ‎04-17-2007
0

Re: 50 point jump

Boost me up, Cap'n!
 
I can't wait till my $5400 payoff hits one of my charged off accounts, then!!!
 
And, yes everybody, I tried a PFD first.
Established Member
fraz
Posts: 54
Registered: ‎05-30-2007
0

Re: 50 point jump



trinigal wrote:
Well then I have a question.
If the account is charged off does it make a difference to FICO whether you paid in full or came to a settlement amount?  Cause if its the same (ie, you're still left with a CO on your CR), then why pay in full?


Message Edited by trinigal on 06-29-2007 11:52 AM

Why pay in full?  Maybe because you owe the money and that would be the right thing to do.
Valued Member
critterj7
Posts: 41
Registered: ‎05-16-2007
0

Re: 50 point jump

[ Edited ]
From what I have read in here a CO is  CO no matter what you settle for, However it might look better on a manual review to PIF.


Message Edited by critterj7 on 06-29-2007 01:15 PM

Message Edited by critterj7 on 06-29-2007 01:15 PM

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