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Posts: 2,954
Registered: ‎02-09-2012
Re: Score went up then it droped two days later

luckelle wrote:

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


I agree with this.