@ecalmese wrote:
@llecs wrote:
It can....were any of these CCs?
Is the disputes still ongoing? Did any of the disputes finish and update on your ScoreWatch subscription?
i dont mean to take over this board...
but after 30-45 days once the disputes have been finalized will scores go back up?
Assuming the comment goes away, a FICO score can go back up, stay the same, or decline further. It depends on what is changing.
For example, let's say you dispute a CC, or even a CC CO that has a util that helped you. A dispute could drop your FICO in an example like this because util is removed and your outside util increases thereby causing a drop in score. Once verified with no changes then the CC is once again factored into util and your FICO can go back to where it was before.
Using the same example of a CO CC, let's say you initiate the dispute and the FICO drops. It gets verified but the comment remains as often it happens. In that case even if the 30-45 days for the dispute ends and it gets verified, and the comment remains, then your FICO wouldn't change.
Finally using the same example of a CO CC, the dispute gets verified and the comment goes away but the balance increases hurting util and your FICO drops. Or the creditor adds lates when there were none before (happens often) and that'll drop your score even further. Or maybe it gets verified but the reported date updates and drops your FICO even further.
