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Established Member
sok454
Posts: 54
Registered: ‎06-06-2012
0

Credit pulls

I have about 2-3 credit pulls from 2 years ago that will be falling off in the next 2 months.  Will this have much of an impact on my score?  All of them are related to mortgages but were done at different times (about a month apart) .  ALso I am trying to pay off a collection account.  Will I see any improvement due to it being paid?  Or only if I get them to remove it after its paid?

 

 


Starting Score: 596
Current Score: 646
Goal Score: 720+


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Moderator Emeritus
llecs
Posts: 32,869
Registered: ‎08-04-2007
0

Re: Credit pulls

Your FICO will not change due to those inquiries falling off. FICO stops scoring them after 12 months. FICO also ignore duplicate inquiries each for SLs, auto, and mortgage pulls. YMMV on the FICO version looked at, but chances are FICO ignored all but one up to a year from that pull.

 

If the collection is a non-CC CO or a CA, paying it won't help or hurt your FICO. If it's a CC CO, then paying it could help if it factored into util and the payoff helped your overall util. The full impact of the baddie itself will be fully felt paid or not, but most see significant increases once baddies like these are removed.

Established Member
sok454
Posts: 54
Registered: ‎06-06-2012
0

Re: Credit pulls

Thank you.  iTs a medical bill that I didn't realize I had from a surgery in 09.  Didn't show up until dec '11 and I only saw it because I checked in the summer of '12.


Starting Score: 596
Current Score: 646
Goal Score: 720+


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Valued Contributor
p-
Posts: 2,655
Registered: ‎06-05-2008
0

Re: Credit pulls


sok454 wrote:

Thank you.  iTs a medical bill that I didn't realize I had from a surgery in 09.  Didn't show up until dec '11 and I only saw it because I checked in the summer of '12.


I would at least try for a PFD with the CA, or if you want to go farther get into the HIPAA process.

12-15-14: FICO EXP: 813 - EQU:802 - TRAN: 756 - AVG: 790 +240 points from JUN 2008 - MY CREDIT JOURNAL

Established Member
sok454
Posts: 54
Registered: ‎06-06-2012
0

Re: Credit pulls

Actually I got a response from them on the PFD I emailed the lady (small CA outfit) and she agreed to have it removed if I pay in full.  Boo ya.


Starting Score: 596
Current Score: 646
Goal Score: 720+


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Valued Contributor
p-
Posts: 2,655
Registered: ‎06-05-2008
0

Re: Credit pulls


sok454 wrote:

Actually I got a response from them on the PFD I emailed the lady (small CA outfit) and she agreed to have it removed if I pay in full.  Boo ya.


12-15-14: FICO EXP: 813 - EQU:802 - TRAN: 756 - AVG: 790 +240 points from JUN 2008 - MY CREDIT JOURNAL

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: Credit pulls

Very nice.  Congrats!


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
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Valued Member
rkp25
Posts: 42
Registered: ‎09-18-2009
0

Re: Credit pulls

I just paid 4 medical collections that were on my report and they all agreed to delete.  i'm very anxious to know how much of an increase i can expect if they are completely removed?  i'm going to apply for a mortgage soon and just waiting patiently to see what happends to my score...it's currently at 655 and 649.


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