Is there a possibility that your score would drop? Well, truth is, yes, there's always that chance. I would be happy to have it happen, bet you're wondering why? Because you will then have a clean report because you said these were your last two baddies. No matter your score, they would hold you back at some point. A clean healthy report will grow fast and look and feel great.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
+1 Shogun get those baddies out of there. Regardless of what they do to your score now, there are lenders that won't give you anything regardless of your credit score if you have negatives reporting. The less bad information on there the better, regardless of the score.
Starting Score: EQ: 383 2/2011When I started this journey I had NO clue as to what was on my CBR. When I found this awesome site I knew that I was where I needed to get myself in shape.
TU - 644 - 9/30/12 - 5 Baddies
EQ - 622 - 9/30/12 - 7 Baddies
EX - ?? - 9/30/12 - 5 Baddies
UTI - 63%
Currently:
TransUnion - 693 - 11/30/12 - 2 Baddies
Equifax - 681 - 12/17/12 - 2 Baddies
UTI 43%
I know my score should increase as soon as I pay down my UTI. I got a 0% offer for 12 months that was to hard to resist at that time.
I guess I agree that having a low score with no baddies is better than a higher score with baddies.
+1 Right now I am doing the same thing, small score drop now =big gains later!!!
