Scores drop for no reason

[Anonymous]

Hi. I do have 2 unpaid collection accounts and both date back to 2014. Neither one have been sold. One is for $2k the other for $385.  The other 2 collection accounts are paid with zero balance, however, neither company will delete them. Then there's the SL. Those won't be updated until I am out of rehabilitation which is another 4 months. And even at that, I'm not sure what to expect in regards to them and how they will report once they are out of rehab status. I do know they aren't showing up as me paying monthly on time payments as agreed upon. Each month I pay them, they are reporting them as missed payments. Which really isn't fair. But I also understand that it's the way it is. 

[Remedios]

Well, those collections are keeping your scores suppressed, and dropping them when they update/report. 

You have two options, you can pay them, and let the scores start recovering somewhat, or you can wait till they fall of your report.

As long as unpaid collections remain on your cr, you shouldn't expect to see too much in terms of improvement from where you are right now, as they are obviously updating. 

Good luck! 

[Anonymous]

Thank you for your advice. I was afraid of that. Per the court, my ex was to pay for 50% of all pre-divorce bills and he has yet to pay 1 cent. I've paid it ALL!!!  I've heard that this old stuff isn't worth paying.  Because they are still reported as negative. 

[Remedios]

They stay on your cr, but scores can recover a bit, because there are no updates. 

Grab a copy of free annual report and see when it's supposed to fall off. You're looking either for a day account went delinquent, or projected removal date. 

I'm on a fence over what you should do. 

Maybe try negotiating a lower amount, it's old so offer them 30%.

If they say no, let it fall off.

If they say yes, I'd take it. 

Larger of the two will still be resold, even after it can no longer be reported to it might be better for your peace of mind, providing funds are available. 

If you've drained yourself paying the existing debt, just rest for a while.

This can get pretty stressful and overwhelming 

[Trudy]

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@Anonymous wrote:

The scores directly come from TU/exp/Equifax sites. 

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The score you're getting from the TU site is a Vantage score, same as CK.  The score you're getting from the EQ site is their proprietary score.  Neither are FICO scores so although the information provided above is sound your scores may be better or worse than you think.  Upthreaad someone provides a way to pull all FICO 8's for $1 so you can see where you really are and how your changes affect your score.

If there is a site providing you a FICO score it will clearly say FICO scores instead of the generic statement of "scores" which both TU and EQ state on their sites.

[Anonymous]

Gotcha. I do have my scores and reports pulled from this website myfico.com to get the most accurate report and score. And the same holds true.l, that they  have been dropping despite the positive thingd that are reported.  I have went through the reports with a fine tooth comb.  Trying to figure out what is different that would cause them to drop. Experian literally dropped 20 points last month. TU dropped 6. I can understand a few here and there. But 20 and 6 seem to be a lot