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Does paying off old debt really drop your score?

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DaveSignal
Valued Contributor
‎10-02-2012 07:49 PM
‎10-02-2012 07:49 PM

Re: Does paying off old debt really drop your score?

@Starr79 wrote:

Dave it looks like your last EQ FICO was 680. Your fired.

680 is not a bad FICO, but FICO has nothing to do with it. 

EX:694 TU:744 EQ:777
Amex ED $19.5k - BoA Travel Rewards $15k - CSP $5k - SDFCU EMV $15k - NFCU goRewards $20k - Barclays Arrival $6.5k
Message 11 of 12
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Starr79
Valued Member
‎10-02-2012 08:24 PM
‎10-02-2012 08:24 PM

Re: Does paying off old debt really drop your score?

I was joking. I agree that debts should be paid and that generally bad credit can be an indicator of a person who makes bad decisions.

Message 12 of 12
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