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Scores not moving

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Anonymous
Not applicable

Scores not moving

I just had 4 collections completely removed I added a capital one secured card with $200 limit a $500 loan through my credit union and a fingerhut account I have made the first payments on the loan and secured card and my score still hasnt moved i see lots of people updating thier scores in as little as a few days mine have not  moved since i joined bout 2 weeks ago after all i have done anyone know why this could be do i need to get my scores somewhere else

Message 1 of 5
4 REPLIES 4
tufa4311
Established Contributor

Re: Scores not moving

Where are you getting your scores?

 

When did you have the collections removed? How did you confirm they were removed - did you check your credit report?

 

Have you confirmed via your credit report that the loan and secured card payements have been reported by the respective creditors?

 

It can take time for these items to be removed from your report - and then some additional time for it to have influence on your scores.

796 TU FICO 08 (08/2018)
758 TU FICO 08 (01/12/2016)
753 TU FICO 08 (11/21/2015)
740: EQ Score Power (Beacon 5.0) FICO 04 (01/23/2015)
755 TU FICO 08 (01/21/2015)
652 TU Lender Pull (06/10/2014)
665 TU FICO 08 (05/21/2014)
Goal: 800+
Message 2 of 5
Anonymous
Not applicable

Re: Scores not moving

my scores come from here on myfico i have the one that moniters all 3 

 

they were all removed in the last few days they where comfirmed by the updated reports i got from each CRA when u dispute online u get a updated credit report when the dispute is over

 

the loan is the only one showing but does not show first payment yet the capital one and fingerhut do not even show up yet

 

 

 

Message 3 of 5
tufa4311
Established Contributor

Re: Scores not moving

ok, so the loan payment is not showing thus it may not have any affect on your score yet. The secured card is not showing so it will also have no affect on your score. Lastly, the removals only took place in the last couple days and will most likely need more time to reflect on your scores.

 

Give it some time.

796 TU FICO 08 (08/2018)
758 TU FICO 08 (01/12/2016)
753 TU FICO 08 (11/21/2015)
740: EQ Score Power (Beacon 5.0) FICO 04 (01/23/2015)
755 TU FICO 08 (01/21/2015)
652 TU Lender Pull (06/10/2014)
665 TU FICO 08 (05/21/2014)
Goal: 800+
Message 4 of 5
Imperfectfuture
Super Contributor

Re: Scores not moving

I added a secure installment loan with scores ranging from 650 to 750. The last of my baddies falls off eq in jean, and TU next week. Because my scores were higher, they took a bump with multi new accounts, and with the loan.

I DON'T use the 3b monitoring on this site, because it is way to slow. I only have score watch for eq. However, the bump for the loan (score goes up) occurs two to three months after first reporting. So it takes time.

Hence, why I plan my apps out a ways, will see how scores are in April, and proceed accordingly.
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