01-08-2013 01:05 PM
jandj: There are some other underlying factors that I feel may be contributing a bad image in my part. Mainly the utilization is a bit high between my defaulted credit card (from 2006) that is still on my report, scheduled to drop early 2014, and the current card I have now only having a reasonable credit limit. Unfortunately, I don't believe I'd be able to get approved, but it's always worth a try.
01-11-2013 09:21 PM
Any idea why the investigation of this account may have made my Experian score drop to 591 from 611?
01-12-2013 05:35 AM
While in dispute, certain aspects of the debt aren't factored in.
01-12-2013 09:40 PM
Shogun, any chance that the score will go back up at the conclusion of the investigation next week, and the account is removed?
01-13-2013 05:41 AM
Possibility? Yes, but then again if it was adding to AAoA and will be deleted, then it could go down. But that's not bad either, another baddie gone and your CR cleaner is a good thing. The cleaner the report, the more your score can grow.
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.