topic Re: Score Question in General Credit Topics

Score Question

RisingScore1719 — Tue, 04 Dec 2007 16:48:41 GMT

If mistakes are made by creditors that bring your score down, once they are corrected should your score be adjusted accordingly?

Re: Score Question

My_dog_FICO — Tue, 04 Dec 2007 16:58:06 GMT

We might need to move this question to another forum - but the moderators will take care of that.

In regards to your question - yes, when a baddie is removed from your report, your score can/should increase. However, there are many many variables to the question and each of the CRAs use a different calculation. If a 30 day late hits you for 50-75 points, having it taken off 'should' bring your score back up that much. However, it may vary due to other items such as account age, utility %, bucket changes... in other words you might not see a point/counterpoint change.

Re: Score Question

Ausfarm — Tue, 04 Dec 2007 17:55:44 GMT

Also beware of the buckets! If you don't know what that is search the forums. I helped my friend get a judgment removed from his credit report and his credit score fell! He was moved to a different bucket where he was evaluated against people w/o judgments.