Rebuilding Your Credit

[audiovibe]

After an item is deleted such as a collection when would a fico score change take place?  would the score change the same day the baddie fell off?

Thanks

[uktaurusbulba]

It should fall off as soon as it is reported. I guess it depends on the party involved and how fast they get on it.

[sidewinder]

Your FICO score is based on a snapshot of your current report.

So, as soon as you purchase a score, if the account is no longer appearing, the score you get will reflect that.

FICO scoring has no "memory", meaning it doesn't remember what was/wasn't there last time you purchased a score, so is only based on what is currently on your report at the time of purchase.

[audiovibe]

thanks for the replys!!

Sidewinder I was hoping you wernt going to say that as I had a collection GW and there was no score change.  The collection was from 02 and was reaged when I paid it off last year.

thanks