https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/29-Points-Combined/m-p/69985#M9810 <DIV>Paying off old debt really does help!</DIV><DIV>&nbsp;</DIV><DIV>I have a charged off Cap1 account that had a balance of $1,014 last month.&nbsp; I made a payment of $500&nbsp;on 9/7 and I gained 15 points (EQ FAKO) and 14 points (TU FAKO).&nbsp; EX hasn't budged but I think it's due to 2 new CC inquiries I had this month.</DIV><DIV>&nbsp;</DIV><DIV>I plan on paying the balance off in October - would like to see another 29 point jump and have this derog report as PIF per Cap 1 Cust Serv!</DIV> Fri, 21 Sep 2007 15:13:53 GMT turninganewleaf 2007-09-21T15:13:53Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/29-Points-Combined/m-p/69985#M9810 <DIV>Paying off old debt really does help!</DIV><DIV>&nbsp;</DIV><DIV>I have a charged off Cap1 account that had a balance of $1,014 last month.&nbsp; I made a payment of $500&nbsp;on 9/7 and I gained 15 points (EQ FAKO) and 14 points (TU FAKO).&nbsp; EX hasn't budged but I think it's due to 2 new CC inquiries I had this month.</DIV><DIV>&nbsp;</DIV><DIV>I plan on paying the balance off in October - would like to see another 29 point jump and have this derog report as PIF per Cap 1 Cust Serv!</DIV> Fri, 21 Sep 2007 15:13:53 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/29-Points-Combined/m-p/69985#M9810 turninganewleaf 2007-09-21T15:13:53Z https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/29-Points-Combined/m-p/70823#M9859 Great job!!! Also, by paying off your debt it will be forever gone and you can truly have a clean slate.<BR /><BR />All the best to you. Sun, 23 Sep 2007 19:35:43 GMT https://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/29-Points-Combined/m-p/70823#M9859 Anonymous 2007-09-23T19:35:43Z