05-29-2008 07:24 AM
05-29-2008 07:48 AM
shawnette wrote:So, my EQ score finally changed after the collection removal. It freakin' dropped 10 points!!! WTF??!!I must add that a new account was added, also, but the new account lowered my utilization %. UGH!!! This was my only collection and it was just added in February. At that time, my score dropped by about 20 points. I DV'd the CA and it was deleted last week.I'm sad.So sad.
05-29-2008 07:49 AM
05-29-2008 08:45 AM
tcham54687 wrote:I had a similar situation with EX. I fought hard to have a collection from Portfolio Affiliates removed, even threatened litigation. Well, low and behold the fax finally came saying they would delete the account completely. It was a 5yr old account that was sold to another CA and closed 2yrs ago.Well I'm excited, giddy in fact, as I type in my CC info to buy yet another EX FICO this month. I couldn't wait to see my score jump. I'm expecting 30 points minimum. 5 *%#*^&** pts...5. I was sick!!I'm retiring from the Navy and trying to get the score up to buy the retirement homestead and I get 5pts for a baddie.
05-29-2008 09:31 AM
05-29-2008 09:40 AM
05-29-2008 09:47 AM
05-29-2008 11:48 AM
I definitely think I'm in the wrong bucket. My oldest account is 24yrs old, the average account age is 10yrs and I have no new credit. I think I'm being compared to old geezers who haven't missed a payment since the "big war"!
ivyalmighty wrote:I would guess that no longer having ANY collections on your report, you are now being compared to other FICOs with no collections. Can we say "rebucketed!!!!" That, and the new account lowering your average age... if you have been rebucketed, the points should bounce back pretty fast, though.
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