Understanding FICO® Scoring

[zvigier]

Please help, I'm trying to rebuild my credit but it seems that it has taken a drastic hit, my mortgage broker asked me to  have citicard remove a valid dispute against citi from my credit report. After I did that, why did it drop my credit score. balance decreased on the card and nothing else. why why why???????

[llecs]

Under FICO scoring, when an OC account (e.g. a CC, loan, etc.) is listed as a dispute, certain items are excluded from scoring including the balance, the CL, and your payment history. Does this fit into your scenario with Citi?

[cdtotten]

If you have negatives on the account in the past, or if your utilization is high on the card, disputing the card will result in these factors being removed from scoring (usually increasing your score). Once the dispute comment is removed, the factors are scored again, and your score drops.

[aasmith73]

i learned to never dispute a good acct

[suebee123]

Is this just while the dispute is active?  I have some accounts that were disputed and noticed score changes after disputing but got back my points after the 30 day dispute was over.  But, my accounts still have a notation that the account was disputed at some time...do these comments need to be removed?  And if so, whom is supposed to remove them, the credit reporting agency?

[llecs]

OP hasn't been around in 8 months I don't believe. Old thread got bumped.