good morning evryone
could someone please help me to understand how my score dropped. I had two charged off credit cards with balances that was factoring in my utlization. I tried a pfd but no go I then settled with these two accts no balance is 0, also I paid a collection 520.00 in exchange for a delete, they deleted the acct which im happy about however with these two thing reported my score dropped 7 points my scores are pitiful so every point count in my rebuilding. Im starting to get discouraged it seems that once I started to rebuild I take two steps forward and is pulled two steps backwards. please some advise could help. Also this collection is fairly new reported in feb 2008
