On July 30, 2007, my fico score was at 664. I have really been working to get my score up. I had disputed a collection and was notified by mail today that the collection account had been deleted from my credit file by the credit bureau. I was so happy. My goal was to reach the 700 mark. I pulled my fico score today and was shocked to see that it was 607. I don't get it. Everything has remained the same with the exception of the collection being deleted. I was expecting my score to increase----instead it dropped by 57 points. I checked the report thoroughly and this is the only change on my report. All my bills have been paid on time and I don't understand how I could have a decrease in my credit score. I have not had any additional charges on credit cards or any inquiries at all. Does anyone have any suggestions as to what I should do about this or how this could have happened. I'm really bummed out.
The average age of my accounts is around 10 years (this is according to myfico.com). I have actually had credit since I was 18 years old. I am now 44 years old. I have 6 credit card lines - two of which are zero balances; one of which I use monthly to charge small items and the other two I have used in the past two months.
