Regular Contributor
Posts: 123
Registered: ‎06-06-2007

My battle with credit in the past 30 days

Hello. I pulled my scores and saw a HUGE increase from last month. As of 4/7/08 my scores were: TU 496, EQ 481, EX 542. They are now TU 561, EQ 498 (they hate me), EX 571. That's a great increase. However, on my TU account it shows a past due balance of $190.16 for a settled victoria secret account. On my other reports it shows settled collection/paid less than amount owed w/$0 balance. Should I dispute this balance? I am afraid to dispute because it can drop my scores below 500 again.

Starting Score: 474
Current Score: 583
Goal Score: 650

Take the myFICO Fitness Challenge
Valued Contributor
Posts: 1,126
Registered: ‎03-25-2008

Re: My battle with credit in the past 30 days

What are your immediate credit goals? Do you have a need for new credit lines in the near future? If not it is best to dispute it, as a short term drop on TU will likely not set you back in the long run. Indeed, while you have made great gains, you are still quite aways away from the 640 range that is key for prime loans and cards. You have the ability to get there fairly quickly, but I believe this dispute will help you get there and not set you back too far.
Established Member
Posts: 30
Registered: ‎02-06-2008

Re: My battle with credit in the past 30 days

I would personally try to GW the collection to see if they can remove them
I just got a 30+ increase on my scores for disptuing the collections as paid and they were completely removed at that point.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.