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Valued Member
kl
Posts: 37
Registered: ‎04-19-2008
0

Judgment Deleted, Score goes down 9pts?

So through a lot of work I got a big judgment deleted from my EX report. It was for $2448, I have one more that I am trying to get deleted for $802. I was really excited about it and decided to get my fico score. I get it and my score went down 9 pts!! WHat? I for sure thought it was going to go up. No new inquiries since the last time I got my score and no new accounts so I thought it was going to go way up, but no luck. Seems to be the story of my life...
Valued Contributor
demed
Posts: 1,255
Registered: ‎05-12-2008
0

Re: Judgment Deleted, Score goes down 9pts?

Cheer up! You score went down most likely (i'm not an expert here) for lass credit history on your report. however, the positive effect of one less public record over the next 6 months is going to greatly outweight the negative of shorter history.

Also, during manual reviews, any mortgage lender would do one, it will look sooo muuuuch better. 

Feb 08 550s - Oct 08 700s
Thank you MyFico!
Regular Contributor
lafishy
Posts: 110
Registered: ‎06-11-2008
0

Re: Judgment Deleted, Score goes down 9pts?

I'm no expert, but I've read that sometimes you're "rebucketed" if you make improvements to your report. Since FICO scores are partly based on where you stand relative to other consumers, the better you get, the better the people you're scored against are. So, you might have been rebucketed.

 

On a selfish note, can you talk about how you got your judgement deleted?

TU Fako 640 (6/4/08), EXP FICO 605 (6/11/08), TU FICO 624 (7/3/08), EQ FICO 663 (6/9/08), EQ FICO 669 (8/18/08), EXP FICO 668 (8/18/08), TU FICO 663 (9/22/08),
EQ FICO 669 (10/6/08), EXP FICO 671 (10/6/08), TU FICO 714 (10/21/08)**TU FICO 3/27/09 736, EQ FICO 3/27/09 712**
Senior Contributor
Wonderin
Posts: 3,494
Registered: ‎05-25-2008
0

Re: Judgment Deleted, Score goes down 9pts?

A judgment wouldn't constitute "history" ... public records, AFAIK, don't read that way.

Chances are, your score went down because you're now being compared to a gazillion Americans who have only ONE judgment on their CRs (in a nutshell). Pure and simple, you've changed "buckets." Congrats ... that's a GOOD thing!!

You might also notice, if you have any other baddies on your CRs, when you get that last judgment off, your score will drop even more. That's because you'll be compared to a gajillion other Americans who had NO judgments -- you will have been placed in a better bucket, still!!

While it sucks and it feels crappy for your score to go down due to something that SHOULD be great, it IS great. With the judgments, you had a cap as to how high you can go, score-wise (LOW 700s, I think). But with the judgments GONE, the sky is your limit!! :smileyhappy:

At least, that's how it was explained to me when the similar thing (tax lien) happened to me!!

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Valued Member
kl
Posts: 37
Registered: ‎04-19-2008
0

Re: Judgment Deleted, Score goes down 9pts?


lafishy wrote:

 

"On a selfish note, can you talk about how you got your judgement deleted?"


Well, I was looking at my reports and saw the judgments, I went to the courthouse got the information about the judgments and I noticed that they were both reporting the wrong filing dates on my reports. I disputed with Experian and Equifax because they are only reporting on those 2. Experian sent me an email this morning and said that they deleted the larger of the 2 judgments, I am still waiting to hear about the other judgment from Experian and I haven't heard anything yet from Equifax. So we will see what happens.

Frequent Contributor
Bzzzymom
Posts: 280
Registered: ‎03-14-2008
0

Re: Judgment Deleted, Score goes down 9pts?

Oh gosh, seriously we can get "rebucketed"??? 

 

New Contributor
HomerSimpson
Posts: 66
Registered: ‎10-07-2008
0

Re: Judgment Deleted, Score goes down 9pts?

Althought the judgment remove from your CR. However i think the CA can still garnish your wage, freeze your bank account...hopefully i am wrong :smileyhappy:
New Member
uphillbattle
Posts: 3
Registered: ‎11-17-2008
0

Re: Judgment Deleted, Score goes down 9pts?

Hello everyone, I am a newbie to the forum.  I have been cleaning up my credit for the last 8 months and I have seen progress.  In relation to the judgment, I have 2 total, one of which I just sent satisfaction of judgment letter to all 3 agencies. I had to call EQ this am and tell them to READ the document I sent them.  It clearly states to "vacate" which means the agencies have to delete the record.  I am curious to see what my score will be.  This one was from 2006 for $1043.  My remaining one is for $5000 from 2005.  I wonder if the deletion of the newer one will yield me some points???
Regular Contributor
Chanduwar
Posts: 220
Registered: ‎10-30-2007
0

Re: Judgment Deleted, Score goes down 9pts?

Yes you get rebucketed. I had the same score drop when two of my judgements got deleted. But my scores have not seen good increases since then.
Frequent Contributor
Harpo
Posts: 431
Registered: ‎08-08-2008
0

Re: Judgment Deleted, Score goes down 9pts?

I have been checking my judgments since you stated that you had one removed for the wrong file date. 

 

My reports on all have the wrong file date and wrong case number.

 

Did you send in copy of your judgments to prove them wrong or did you just dispute and let them check the court house?

 

Thanks for your response so that I may get my straightened out. 


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