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I just paid a tax lien for my 2000 income taxes. The total was 86.88. It was a state of WV income tax thing and I never learned of it after my move to Ohio. The lien was released on Friday the 15th.
Can I expect a score decrease due to the recent activity on this, or will the release of the lien give my score a bump?
I am just over 630 now on TU and 622 on EQ, so I don't really need a drop.
Hoping to prequalify for a mortgage in July.
The inquiries will remain for another year, they stay for 2 years. However, they only affect your score and appear on a myFICO report for 1 year. You may see some small movement from losing some. I wouldn't expect much.
As for the lien, some have stated they saw increases when a lien/judgment reports as satisfied, others say decreases, and others say no movement.
YMMV
The inquiries will remain for another year, they stay for 2 years. However, they only affect your score and appear on a myFICO report for 1 year. You may see some small movement from losing some. I wouldn't expect much.
As for the lien, some have stated they saw increases when a lien/judgment reports as satisfied, others say decreases, and others say no movement.
YMMV