topic Re: Bummed no score increase :-( in Rebuilding Your Credit

Bummed no score increase :-(

awdsmama — Tue, 11 Dec 2012 18:26:21 GMT

I recently had 4 collection accounts deleted from TU. My score did not change at all (pulled it yesterday on myFico, and compared it to one from 11/23 from here also).

I was really hoping that would boost my scores.

2 of those CA accounts deleted on EQ also (and 2 weren't reporting on EQ) and no SW alert regarding a score change :-(

Re: Bummed no score increase :-(

sphinx313 — Tue, 11 Dec 2012 18:30:45 GMT

That sounds a bit strange...how many overall collections did you have? How old were these in particular?

Re: Bummed no score increase :-(

Anonymous — Tue, 11 Dec 2012 18:37:29 GMT

Were the account deleted due to a dispute or they simply fell off because they were 7+ years old?

Re: Bummed no score increase :-(

awdsmama — Tue, 11 Dec 2012 18:39:11 GMT

@sphinx313 wrote:
That sounds a bit strange...how many overall collections did you have? How old were these in particular?

My TU report now reflects 5 CAs left - 3 of which are paid off (I know it doesn't make a difference for scoring though). So, I started with 9.

As for the ones deleted, this is what the previous TU myFico report said:

RJM Acquisitions, date assigned 12/2/2009

Bur Col Reco, date assigned: 6/17/2012

Natl Recovery, date assigned: 2/6/2010

AFNI, date assigned: 6/21/ 2010

However, I know that those aren't all DOFD dates.

If I look at those accounts on my report pulled directly from TU it says:

RJM: Est removal: 8/2013

Bur Col Reco, est removal: 1/2014

Natl Recovery, est removal: 7/2013

AFNI, est removal: 10/2013

Re: Bummed no score increase :-(

awdsmama — Tue, 11 Dec 2012 18:40:11 GMT

@Anonymous wrote:
Were the account deleted due to a dispute or they simply fell off because they were 7+ years old?

1 was a PFD, 2 were disputes directly with CRA, and 1 CA deleted after DV.

Re: Bummed no score increase :-(

Anonymous — Tue, 11 Dec 2012 18:44:58 GMT

@awdsmama wrote:

RJM:   Est removal: 8/2013
Bur Col Reco, est removal:   1/2014
Natl Recovery, est removal:   7/2013
AFNI,    est removal:            10/2013

Since they were so old, could it be that they really weren't impacing the score at all?

Re: Bummed no score increase :-(

Anonymous — Tue, 11 Dec 2012 18:49:46 GMT

It is my opinion, that collections are sort of "grouped" for purposes of scoring. So, for instance 1 collection=x points 2-3=x points4-6=x points 7-15=x points. So in that example, whether you have 7 or 12 collections your score is the same. So, for your situation, fico is saying you are the same risk whether you have 5 collections or 9 collections. I am surprised though, to be honest, that with 4 removed, one being recent, there was no move at all. I would give it a few days to a month and check again.

Re: Bummed no score increase :-(

awdsmama — Tue, 11 Dec 2012 19:01:52 GMT

@Anonymous wrote:
@awdsmama wrote:

RJM:   Est removal: 8/2013
Bur Col Reco, est removal:   1/2014
Natl Recovery, est removal:   7/2013
AFNI,    est removal:            10/2013
Since they were so old, could it be that they really weren't impacing the score at all?

I could understand no movement for 1 old account deleting but I thought 4 would make an impact :/

Re: Bummed no score increase :-(

awdsmama — Tue, 11 Dec 2012 19:04:32 GMT

OH well.....at least the accounts are gone.

I was just REALLY wanting a TU score increase to help my approval-odds - I want to app for the WalMart card since I don't have any open CCs. Now, I'm not sure if I should or not.

Re: Bummed no score increase :-(

Jutz — Tue, 11 Dec 2012 19:13:57 GMT

I think you may still see an effect from it, I'd agree, there's no way 4 accounts weren't affecting your score at all.

Re: Bummed no score increase :-(

Shogun — Tue, 11 Dec 2012 20:54:18 GMT

I wouldn't worry about it, it just means your report is that much cleaner. When you get the others off, you'll see a big boost. Keep plugging away.