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Why would this make change me lose 6 FICO points?

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ngerasimatos
Valued Contributor

Why would this make change me lose 6 FICO points?

Previously reported Newly reported Balance: $0 $0 Past due: Not Reported Not Reported Status: Pays account as agreed Pays account as agreed Last activity: 5/1/2004 5/1/2004 Description: Account closed at consumer's request Consumer disputes this account information Account closed by consumer Account closed at consumer's request Account closed by consumer
Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

800+ Club
Message 1 of 9
8 REPLIES 8
ngerasimatos
Valued Contributor

Re: Why would this make change me lose 6 FICO points?

 


Message Edited by ngerasimatos on 03-04-2008 11:47 AM
Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

800+ Club
Message 2 of 9
ngerasimatos
Valued Contributor

Re: Why would this make change me lose 6 FICO points?

Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

800+ Club
Message 3 of 9
Anonymous
Not applicable

Re: Why would this make change me lose 6 FICO points?

Because it was a good account? Less good = lower score I guess.
Message 4 of 9
islandchild82
Frequent Contributor

Re: Why would this make change me lose 6 FICO points?

Maybe it raised your overall utilization?
Message 5 of 9
ngerasimatos
Valued Contributor

Re: Why would this make change me lose 6 FICO points?

Nothing changed. Just the way the account was listed as being closed? That would make me lose 6 points?!
Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

800+ Club
Message 6 of 9
Anonymous
Not applicable

Re: Why would this make change me lose 6 FICO points?

When an account closes you lose UTIL.  Whatever your CL was is now gone.
Message 7 of 9
ngerasimatos
Valued Contributor

Re: Why would this make change me lose 6 FICO points?

Happy, It reports as CLOSED before, and updated to closed again. The ONLY THING CHANGED is the reason why.
Try not to become a man of success but rather to become a man of value
Albert Einstein 1879 - 1955

800+ Club
Message 8 of 9
Anonymous
Not applicable

Re: Why would this make change me lose 6 FICO points?

In that case I really have no idea    Unless something changed the same time like a charge on a CC or somthing.  Sorry
Message 9 of 9
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