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Regular Contributor
Posts: 165
Registered: ‎03-13-2007
0

Re: Rapid Repayment of Installments...

Let's just confuse matters here...
 
I just lost my oldest tradeline by stupidly disputing the balance @ TU. It was an installment loan that's not even 2 years old. Balance right at 5000. My DTI even with that payment was under 10%, so I didn't figure it was affecting my score that much. Never a late on it, just a good ole' slow paying loan.
 
I FREAKED when TU sent me the dispute status and said they deleted the TL. I literally went into a panic because I'm about to close on a house in 2 weeks and although my scores are fine, it's just that sinking feeling that "OH NO, NOT NOW!!"
 
I called TU and griped at them for a while, not quite going ballistic, but close. Got off the phone, realized there was nothing I could do and worked the rest of the day in a foul mood.
 
I get home, cringing as I logon to TC to update my report and see the effects losing that TL have on my score. I closed my eyes as I clicked the "I agree" and submitted it....
 
The result? TU FAKO raised almost 50 points. HUH???? For a measly 5K and the account that left the rest of my TLs with an average age of 5 months????? Color me confused, I assure you.
 
So I'm sitting here trying to decide is I want to spend another 13 something to get my TU FICO because I had JUST updated that score the day before.. lol  I figure what the heck, that will give me the real damage and go for it.
 
FICO TU? It also rose - only 30 points, but still a considerable increase.
 
So go figure.. I'm breathing better, but still royally baffled. I believe TU's scoring model scores installments differently than the other 2 CRAs, but c'mon, that's pretty drastic.
 
I feel it necessary to say... YMMV   Smiley Happy
Moderator Emeritus
Posts: 16,377
Registered: ‎03-12-2007
0

Re: Rapid Repayment of Installments...



Noah_Bodie wrote:


fused111 wrote:
bump

Post prostitute.
 


??
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Rapid Repayment of Installments...



fused111 wrote:


Noah_Bodie wrote:


fused111 wrote:
bump

Post prostitute.
 


??



Post wh*re. A pejorative applied to those ...
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Rapid Repayment of Installments...

Moderator Emeritus
Posts: 16,377
Registered: ‎03-12-2007
0

Re: Rapid Repayment of Installments...



Noah_Bodie wrote:
... of bumping up their post count. Smiley Wink


Your weird!Smiley Surprised I did it once in this thread because I wanted others to see the hilarious picture in one of Tuscani's earlier posts. I noticed it was falling fast towards the bottom of the page. 
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
0

Re: Rapid Repayment of Installments...

My chants to Allah do not appear to be working.
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: Rapid Repayment of Installments...



fused111 wrote:


Noah_Bodie wrote:
... of bumping up their post count. Smiley Wink


Your weird!Smiley Surprised I did it once in this thread because I wanted others to see the hilarious picture in one of Tuscani's earlier posts. I noticed it was falling fast towards the bottom of the page. 



Umm, it was a joke.
 
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