12-06-2012 11:36 AM
I am so happy. My score has risen 40 pts since 11/19/12. I am so excited and determined. The reason being is because my balance on my cc went down 28%. Also, a question I have I recently sent the CRA a copy showing that judgements on my credit report has been satisfied. Will this bring my score up some more.
12-06-2012 11:41 AM
Hello. Unfortunately satisfied judgments do not help your FICO, if someone were to do a manula review, IE applying for a mortgage they would look upon a satisfied judgment more favorably.
Ultimately you want to have the judgment vacated. Call the attorney that got the judgment againt you and try and negotiate them filing the forms to vacate, if the judgments come off it will give you a score boost. Cant say how much of a boost because it depends on the other information in your file.
Congrats on the 40!
12-06-2012 12:32 PM
Congrats on the increase! What other accounts do you have reporting negatively or what is your overall credit mix? Provide some more information so we can let you know how to increase your scores further.
12-06-2012 12:59 PM
I have two charge off accounts from macy and new york and company. macy is 1175.00 and new york and company is 880.00. i have the two judgments from tower loans which are satisfied. I also have one late payment on a car loan that i have paid off in 2010. i also have doctors bills that have been paid but are still reporting on my credit report.
12-07-2012 06:05 AM
The charge offs and judgments are killing your score. Try and work out with the attorneys to vacate the 2 judgments, may have to pay them the filing fee and a little for their time. The charge offs I assume are still owned by the OC, you'll need to work with them on a settlement or payment plan. If you could PIF then you could try a PFD. I dont know much about the medical bills.