TU Score Dropped 15 Pts in 2 Weeks - Halp!

[Neblett]

My TU score dropped from 562 on May 24 to 553 earlier in the week to 547 today.  Of course, I've gotten no alerts about this, nor can I see any significant changes on my own that would predicate this change.  So, wisenheimers, HALP! 

The only two things that have occurred since May 24 on my account are self-initiated requests for verification on 2 tradelines:

1. Reporting a "Satisfied/Paid" date on a civil judgment from 2003
2. Ford replaced Repo comments with Charge-Off status and reduced my current balance by $900

Does this sound like a reasonable drop to you guys?  Or should I be looking to see if something else is going on?  I've kept a pretty good eye on my reports and so this comes as a bit of a shock.

My TU score was going up steadily until last week.

[Tuscani]

FAKO or FICO?

[Anonymous]

Check to see if you are getting hit with a recent activity like a 30day, or reapplied charge off.  When I paid off my amt owed on a Cap One charge off, they updated the account balances to $0 but reapplied the charge off note making it look like the charge off just happened.  Thankfully, they fixed the problem when i disputed it.

[Neblett]

Yes, I've read the Credit Scoring 101 Thread.

Here's additional info.

Total # of Accounts dropped by 1

# of Open Accounts dropped by 1

# of Closed Accounts stayed the same

# of Delinquent and Derogatory Accounts stayed the same

Total Balances Owed dropped by $33,000

Payments stayed the same

# of Public Records stayed the same

# of Inquiries stayed the same

[Neblett]

What do you mean by a reapplied charge-off?

[Anonymous]

Every month they indicate on your account a status (e.g. , OK, 30 day, 60 day,...).  When Cap One zeroed my balances, they indicated for that month a CO instead of OK.  That made the report look like I was 30 days late.  So instead of immediately getting an increase in score due to better %utilization, I was dinged for having a recent missed payment.  I disputed the reapplication of CO for that month, they took it off, and my score jumped up.

[Neblett]

I think I may have figured it out - previously Ford had not reported the past due amount, so when they popped in that number to my account in a recent account update... DROP!

[Anonymous]

Interesting.  So when the rest is paid off and your back to $0 with them, you should be better again?

[Anonymous]

Do you have anything currently in dispute?  If so, it may have dropped because those items were removed from the "equation" until dispute is complete.  At least, that was what I was told.  Hope this helps.

[Neblett]

Yes - 2 or 3 items in dispute, including a civil judgment from 2003 (Paid in Full).