topic Re: Equifax refuses to rebound in Rebuilding Your Credit

Equifax refuses to rebound

Anonymous — Thu, 01 Oct 2015 15:02:53 GMT

I am finally starting to see rebounding in my scores from the 70point hit for the mystery medical collection on EX and TU. But EQ just keeps rolling backwards. Like a freight train. My EX has come up to 576, which covers over half of the original point loss. EQ is reporting 483 as of today. I've gotten rid of baddies, am paying down balances, no lates, no missed payments, but EQ just keeps rolling backwards. The moral of this story is I hate EQ today.

Re: Equifax refuses to rebound

crrredit — Thu, 01 Oct 2015 15:53:54 GMT

EQ has always been a particular thorn in my side. They clung to baddies when the others deleted, especially the last CO. But for some reason, EQ has jumped to become my highest score. I leveled off my score increases recently by leaving a much larger balance than normal on a card (0% interest, needed some furniture). All three scores took a hit, of course, but EQ has rebounded significantly more than the two. Now EX is the laggard.

Re: Equifax refuses to rebound

Anonymous — Thu, 01 Oct 2015 16:17:48 GMT

Even my TU has shown a good rebound up to 565. That's only 14 points below where it was pre-baddie. The only thing I can figure is EQ must be using the FICO-I-hate-you-L*** scoring model. I sure will be glad when that particular scoring model is obsolete.

Re: Equifax refuses to rebound

crrredit — Thu, 01 Oct 2015 17:16:00 GMT

They don't hate you. The system is emotion- and logic-free.

Re: Equifax refuses to rebound

Anonymous — Thu, 01 Oct 2015 17:43:50 GMT

Amen on logic free. As for emotions, they have none, but it still makes me emotional 😀😀😀

Re: Equifax refuses to rebound

Anonymous — Thu, 01 Oct 2015 23:33:48 GMT

EQ is my laggard, too.

Re: Equifax refuses to rebound

Anonymous — Thu, 01 Oct 2015 23:38:18 GMT

EQ is my nemesis right now. There are several loans for which I'd like to apply and each will pull EQ. It is a full 70 pts lower than my mid score. *shakesfist*

Re: Equifax refuses to rebound

Anonymous — Fri, 02 Oct 2015 01:43:31 GMT

@Anonymous wrote:
EQ is my nemesis right now. There are several loans for which I'd like to apply and each will pull EQ. It is a full 70 pts lower than my mid score. *shakesfist*

I got the exact same problem. Just can't get EQ to break 600 for nothing.

Re: Equifax refuses to rebound

Anonymous — Fri, 02 Oct 2015 01:48:24 GMT

EQ is the only CRA that is holding on to a negative. Both the other bureaus are clean as a whistle.

Re: Equifax refuses to rebound

KSK1912 — Fri, 02 Oct 2015 05:43:41 GMT

@crrredit wrote:
EQ has always been a particular thorn in my side. They clung to baddies when the others deleted, especially the last CO. But for some reason, EQ has jumped to become my highest score. I leveled off my score increases recently by leaving a much larger balance than normal on a card (0% interest, needed some furniture). All three scores took a hit, of course, but EQ has rebounded significantly more than the two. Now EX is the laggard.

Very interestingly the same thing has happened to me too. I have been paying of some stuff and cleaning up my CR while adding trade lines, and for the past few months, usually my tu would be the highest, than EX and then far behind EQ. T and EX showed some significant improvements where my EQ got stuck at 580's and would not move. I still have one Cap One c/o from 2012, one collection that purchased the debt from Cap one, with $53 balance. And that's it. But since i have not been able to get them off of my report, i thought i would be stuck at 580's forever. Then all i did was increase the limit on 2 secured c/c, then 2 accounts, walmart and amazon with $150 and $800 starting imit respectively seemed to move the score to right around 600. But the huge increase came with those 2 accounts getting a CLI to a new CL of $3500 each, and then 2 barclays cc, $1K and $2K limit, and a 1% utilization, and the score jumped up like crazy. Within the past several months, i come to see that the easiest way to increase EQ score is by adding available credit. Ofcourse because each cr is different, so will be the effects. I can not wait until my $4K Dillards AmEx starts reporting, and i will update this post with the new EQ score. After all, hovering at under 600 for months, right now to my suprise, eq has become my highest score.

The score below is from around 09/20 i think. So it was an almost 100 points jump in about 6 weeks or less.

Re: Equifax refuses to rebound

KSK1912 — Fri, 02 Oct 2015 05:41:21 GMT

@Anonymous wrote:
@Anonymous wrote:
EQ is my nemesis right now. There are several loans for which I'd like to apply and each will pull EQ. It is a full 70 pts lower than my mid score. *shakesfist*
I got the exact same problem. Just can't get EQ to break 600 for nothing.

Re: Equifax refuses to rebound

Anonymous — Fri, 02 Oct 2015 13:56:37 GMT

That's really good to know. I have an Amex ED from August that has yet to start reporting. Hopefully that will give me a decent bump. Still, I'm more concerned about the major derogatory being removed. It's very ugly.

Re: Equifax refuses to rebound

baller4life — Fri, 02 Oct 2015 14:15:02 GMT

EQ is the devil plan and simple. The absolute hardest CRA to work with.

Re: Equifax refuses to rebound

KSK1912 — Sat, 03 Oct 2015 04:20:11 GMT

@Anonymous wrote:
That's really good to know. I have an Amex ED from August that has yet to start reporting. Hopefully that will give me a decent bump. Still, I'm more concerned about the major derogatory being removed. It's very ugly.

I have two on each bureau, Cap One and the collection from cap one. Cap one from 2012 and the collection 10/14 I can not imagine how much my scores would go up if those were deleted. I would easily hit 700 if not 720s. I keep imagining one day i pull my reports and at least the collection is gone, if not both. because at this point there is not much left i can do except get cli on my new accounts like lowes, $300 SL, Macy's, $300, sams club $673. If i could get these to $5K each, with the $4K SL Amex on the way, i would be a happy camper.

Re: Equifax refuses to rebound

OMW2_HighAcheiver — Sun, 04 Oct 2015 03:07:01 GMT

My EQ is about 60 pts lower than my other two as well. I ain't feelin' them AT ALL. But this time next year, my scores will all reflect 750! Watch what I tell ya.....