@TroysMom1 wrote:Yesterday I was elated to find that I had finally broke the 700 mark across the board: TU - 744, EX - 707, and EQ - 727, after settling some old debts through Northland Group and actually having one of them removed. EQ improved an actual 42 points!!! The very next day (today) myFICO is reporting a 64 point DROP in my EQ score, knocking me down to 663 points. The only other transaction it shows for the day is that "and accounth that has been inactive for mor than 3 months has become recently active," referring to a $79 purchase at Old Navy which I paid, but I guess the payment didn't post before the statement closed.
Of course I tried to call Equifax to figure out what the deal is on this severe drop in score, but they're closed today. I'm madder than $#@!@#$ right now!!! I've been working diligently to improve my scores so that I can refinance my mortgage into a better rate. It always seems like EQ is contently giving me the business!!!
Hrm, it's probably in the tradeline details in one of the accounts you were settling. Short of comparing before and after reports it's going to be hard... the inactive account thing is just a trigger to get a score, it's not what caused the score drop (lack of correlation between alert and score change unfortunately is a common theme here) but things like tradelines changing via dispute or settlement or even outright removal aren't a trigger so whatever happened got rolled up.
That's the best information I can give unfortunately at this point, if you have some saved reports from CK or elsewhere I'd start there vs what those tradelines are currently reporting.
