Myfico alert....what does it mean?

[Anonymous]

It didn't change my score tho....so that's a good thing.

[Anonymous]

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@Anonymous wrote:
Norman is the winner!!! Just looked at my credit report spreadsheet and I have a target C/O for 492$. It must have updated. Bummer.

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Whats my prize?

[Rebuilding69]

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@Anonymous wrote:

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@Anonymous wrote:
Norman is the winner!!! Just looked at my credit report spreadsheet and I have a target C/O for 492$. It must have updated. Bummer.

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Whats my prize?

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Your prize is a +1 to your post count! Weeee!

[Anonymous]

Thank you Norman!! Is it normal that when your credit already sucks, an updated charge off doesn't change anything?

[takeshi74]

It's not really a matter of "normal" but the specifics of the derog.  If only the amount changed it might not have as much of an impact.  If the activity date becomes more recent it can definitely have an impact.  If the charge off was already on your report then you may have already taken the hit for it.  Visit the Rebuilding subforum and see what you can do to address it.