Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 10
Registered: ‎03-09-2007
0

My score dropped

filed a dispute to the CRA for a couple hospital bills as per the HIPAA process and my score dropped 12 points just for EQ listing it as a dispute. I did a search but nothing came up about this. Is the drop normal?

Starting Score: 557
Current Score: 577
Goal Score: 620


Take the FICO Fitness Challenge
Contributor
Posts: 117
Registered: ‎05-19-2011
0

Re: My score dropped

Are the bills listed under "collections" on the credit report? It is my understanding that a dispute for a collection does not affect the score, only if it is an original creditor.

Is there something else that changed as well?

Starting Score May 2011:
617 TU (04)

Current Score 9/19/11:
677 TU (98)
670 Equifax
Goal Score: 700 by end of 2011

Established Member
Posts: 10
Registered: ‎03-09-2007
0

Re: My score dropped

They are the collection agency for the original creditor but they are not listed under collection agency.

Starting Score: 557
Current Score: 577
Goal Score: 620


Take the FICO Fitness Challenge
Contributor
Posts: 117
Registered: ‎05-19-2011
0

Re: My score dropped

That doesn't seem right to me.

Starting Score May 2011:
617 TU (04)

Current Score 9/19/11:
677 TU (98)
670 Equifax
Goal Score: 700 by end of 2011

Established Member
Posts: 21
Registered: ‎05-21-2011
0

Re: My score dropped

[ Edited ]
This is the first I have read about a dispute dropping your FICO score? Would you mind explaining this to me? I am very interested as to why that is and what conditions???

Thanks in advance!

Starting Score: TU 637 EQ 597 06/03/11
Current Score: SAME
Goal Score: 700+


Take the FICO Fitness Challenge
Established Member
Posts: 1,163
Registered: ‎01-22-2008
0

Re: My score dropped

A dispute can drop your score.  For example, if you dispute the oldest account on your report, that account is kind of "invisible" for scoring purposes.  And while the account is invisible, it is no longer your oldest account and your length of history and AAoA dropped.  Another example could be you dispute an account with a cl of $30,000.  While disputed you lose this available limit and that could wreak havoc on your UTIL.  

 

I don't think I've heard or read that disputing collections can lower your score, hopefully someone else can add to that. 


CH 7 Filed 7/27/15 Discharged 11/16/15
Starting Score: EQ 620 TU 568 EX 593
Current Score (07/13/16): EQ 674 TU 649 EX 674 (FICO's 08)
Cap1 QS ($5350) (Combined QS and QS1) Discover It ($4100) MilStar ($8,600) Fingerhut ($800)
Off to the garden 05/01/16
Established Member
Posts: 10
Registered: ‎03-09-2007
0

Re: My score dropped

These are medical bills with a hospital that was assigned to the internal collection agency. They're not listed under collections for whatever reason and they both were written off by the hospital (after they went to collections) because I was approved for their good will program. Maybe they moved the accounts to list under collections as they should have been. These were two of newer accounts on my credit report. This has me confused because the information is the same from what was previously reported on myFico so I'm stumped.

Starting Score: 557
Current Score: 577
Goal Score: 620


Take the FICO Fitness Challenge
Established Member
Posts: 10
Registered: ‎03-09-2007
0

Re: My score dropped

Myfico lists this: This score decrease may be caused by these 4 new reasons: You have a public record or collection in addition to a serious delinquency on your credit report. You have multiple accounts showing missed payments or derogatory descriptions. You have a recent public record or collection on your credit report. You’ve recently missed a payment or the date of your most recent missed payment is unknown.

Starting Score: 557
Current Score: 577
Goal Score: 620


Take the FICO Fitness Challenge
Moderator Emeritus
Posts: 32,865
Registered: ‎08-04-2007
0

Re: My score dropped

To the OP, a dispute has no impact on your FICO if that dispute was with a CA or PR. Since this was a medical CA, a dispute wouldn't have resulted in a loss due to that specific TL. Now if other items were disputed, like within an OC account, then that's different. Also, once verified or updated, sometimes the CA can update in a way that could possibly hurt. It depends on what changes. OP, I would check for other items that could have changed, like a baddie updating, change in CC util, dropped accounts, added accounts, etc.

 


kjm79 wrote:

A dispute can drop your score.  For example, if you dispute the oldest account on your report, that account is kind of "invisible" for scoring purposes.  And while the account is invisible, it is no longer your oldest account and your length of history and AAoA dropped.  Another example could be you dispute an account with a cl of $30,000.  While disputed you lose this available limit and that could wreak havoc on your UTIL.  

 

I don't think I've heard or read that disputing collections can lower your score, hopefully someone else can add to that. 


 

Close. A dispute only removes certain aspects of an OC account, like the payment history, but will continue to score the OC's length of history, your mix of credit, your AAoA, scoring bucket, etc.

Established Member
Posts: 1,163
Registered: ‎01-22-2008
0

Re: My score dropped


llecs wrote:

 

Close. A dispute only removes certain aspects of an OC account, like the payment history, but will continue to score the OC's length of history, your mix of credit, your AAoA, scoring bucket, etc.


Oh!  That's good to know.  Thanks for the clarification. 


CH 7 Filed 7/27/15 Discharged 11/16/15
Starting Score: EQ 620 TU 568 EX 593
Current Score (07/13/16): EQ 674 TU 649 EX 674 (FICO's 08)
Cap1 QS ($5350) (Combined QS and QS1) Discover It ($4100) MilStar ($8,600) Fingerhut ($800)
Off to the garden 05/01/16

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

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

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.