Score dropped 130 points

[Anonymous]

Okay, can someone explain this to me??

I've been building my credit for a year. Over 150 point increase just by paying opening credit cards and establishing payment history. Was feeling good about my credit. So I decided to tackle some collection accounts with that free service (you know the one).

Signed up a few weeks ago, see that they're disputing hunter Warfield (my oldest and heftiest collection). This week, I get mailed a validity of debt with my lease from my old apartment. Not asking for money. Yesterday, I check credit karma and the account is gone! But so are 138 points of my credit score!

This free service just says "disputing" as of today, not "deleted".

Today, I get a voicemail from someone saying they're going to ' locate me if I fail to call them back and call all my references to do that '. I have no idea who it was. I haven't defaulted in over 4 years. And i have to assume it's all related.

Can anyone shed some light on whats going on??

[Aduke1122]

Do not I repeat do not pay any attention to Credit Karma scores , you need to get a gauge on your real fico scores , Credit Karma is not your true fico scores and can be very very far off from it . CK uses Vantage Scores which no lender that I have ever come across uses them . So in short CK scores are considered Fako scores , they can fluctuate in crazy amounts Day to Day for no reason . If you don't have your true scores I would recommend getting them

[MrTom]

CreditKarma are eductioal scores.  Very few lenders uses these.

Vantage scores like to dip when something negative is removed, but go back up in a day or two.

I just like watching my Vantage score as a learning tool.  Some things Vantage reacts to FICO doesn't and vise versa.

I dont know what free service your talking about.  PM?

Aout 6 years ago I was looking at payday loans just reasearching.  All of a sudden 6 months later I started to get voice mails from India saying how I was going to jail,and how they would pray for me because it was a serious matter.  Interesting thing was I owed no money....you sure its a ligit company your dealing with?

[Anonymous]

It was credit shield. They removed another collection less than 2 weeks..

I looked up the number online and it had several people with similar experiences, some referring to payday loans. Only, I've never had a payday loan..

It was very disturbing, but glad to know I'm not alone.

I supposed I'm more interested to know if this collection is going to come back. On my history of removed collections it has HUNWAR removed last year and HUNTER WARFIELD removed may 24. Same debt because it's the exact same amount. Any thoughts?

[MrTom]

I tried looking at CS and deleted my account instanally.

My CCI through Experian poped up with an alert.  It didn't like the way it was trying to request my credit report.  Usually soft pulls dont give me an alert, but it was doing it in an unusual way.

I signed up because I wanted to use its simulator to seewhat I could be looking like with out collections.

2 months later now Im getting calls from call centers in India spoofing the caller ID to make it look like local numbers are calling me.  I picked up and they were talking about payday loans.

Im guessing the collection wasn't removed by the collection company but my the cb.  CA sends an update and the TL is there again.  Disputed information can be reinserted if deleted by the CB.

[Anonymous]

Thank you for your insight. This was my suspicion as well and just wanted to confirm. I'm hoping it's gone for good since they haven't reported in 2 months, but I'm thinking I just awoke a sleeping giant.

I didn't know CS offered a simulator service, but since I'm still with them I will check it out.

We're they able to remove collections for you, or did cancel before they started disputing?

[MrTom]

I cancelled it before looking around.  But I didnt want a company to go dispute happy on my credit report.  When you dispute with the CB your credit score drops if the account stays on your credit report...the status date updates even if it stays the same.  If I have to dispute something, I usually go right to the source now and if I"m not happy I go other routes.