06-17-2012 02:57 PM
06-17-2012 05:56 PM
It should benefit both ways.
The degree of score increase as the result of dropping of derogs will be dependent upon what other derogs still remain in your CR.
Being clear of derogs will put you in a clean scoring bracket, thus making further improvements in other areas a bit more significant.
06-17-2012 09:15 PM
06-17-2012 10:48 PM
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO