New Member
Posts: 11
Registered: ‎08-14-2012

Satisfaction of Judgement and Rapid Rescore

[ Edited ]

Been reading a ton of threads and Im having a hard time coming up with a definitive answer to my situation...any help would be appreciated.


In process of getting a mortgage but need to boost my Equifax up 1 point to qualify for better pricing.  There is a DEROGATORY PUBLIC RECORD OR COLLECTION FILED on my report.  The debt was mine, but it has been paid off for a few years now, but this status would suggest that Equifax is still reporting it as unpaid I assume.  I do have a copy of the Satisfaction of Judgement letter given to me by the court showing the debt has been paid off for years.  My lender is suggesting a "rapid rescore" to try to boost my score.  If we did this rapid rescore, and presented the Satisfaction of Judgement letter to them, would that boost my score at all?...or would it just update as "paid" on the report but not really help me score-wise as a Collections/Public Record is still a negative even if paid?


Thanks in advance.



myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+