I have had a couple of hic-ups do to being a stupid kid and children's medical bills. I have since made sure everything is caught up and paid off. (The worse account I paid off over 24 months without missing a payment) I now have one credit card at a low limit that I pay off monthly, a car payment that I never miss a payment on and check my credit report every 3 months through this site. The problem is since I last checked 3 months ago my score has dropped 19 points. I have not had any inquires or reported late payments.
The negative are as follows...
2 Collections (closed May05)
3 Late w/ no negative description (All closed with 0 balance (Last late (1)AUG04, (2)JUL05, (3)FEB04)
1 that was charged off as bad debt ($16). (Closed Oct05)
My first question is how long is this negativity going to affect my score and second question is why did my credit score drop?
