Regular Contributor
Posts: 168
Registered: ‎12-05-2007
Re: Score went up then it droped two days later
[ Edited ]

Im at work and typed a long explanation for your question but,Somehow it didnt go threw. Your scores moves up faster after the initial hit on your credit. Use the fico simulator and set it to pay off the dept in 6 months verses 1 month and watch your score will be at least 40 points higher than had you payed it off immediately and had no balance for 6 months. What im saying is chose pay your bills in full in 1month vs pay your balance over 6 months with the simulator and watch your score will be higher. if you understand what I mean.YMMV

Starting Score: 5/2012 TU 595, EQ 565, EX fako 547
Current Score:as of 9/2012, TU 626,Walmart 612, EQ 600, EX fako 623
Goal Score: 640 by dec 2013
BofA Au 13000, Amazon 600, Capt1 300, Walmart 150
When all else fails pay it!