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+49 pts for a added collection??

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Frequent Contributor

+49 pts for a added collection??

This is my wifes and a old 198.00 medical posted that I quickly disputed, but why in the world did her score go up?

 

[img]http://i.imgur.com/VzhP4OO.png[/img]

BK13 filed 9/2009-DC-11/13. Falls off 9/2016
Starting Scores - EQ 509 || TU 528 || EX 540 - 9/2014
Current Scores - EQ 677|| TU 706 || EX 671 - 9/29/2015
Goal Scores - 720 across the board

NFCU Visa Signature Cash Rewards(14k)| NFCU GORewards(14k) | Capital One QS1 x's 2(1,800-2,300 | Venture(7k) | BarClay Rewards (1,500) | PenFed PLOC(500) | NFCU PLOC(15K) | BP(700)
Walmart(5k) | Amazon(5k) | Lowe's(5k) | Jcrew((5.5K) | Overstock(2.6K) | Paypal SmartConnect(2k)
Message 1 of 7
6 REPLIES 6
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Established Contributor

Re: +49 pts for a added collection??

Nothing makes sense anymore.  Most of us that paid down or off our debt showed a dramatic decrease in scores recently. So it might have something to do with the age of accounts. Even though everyone keeps saying adding a debt is a bad thing. 

Message 2 of 7
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Valued Contributor

Re: +49 pts for a added collection??


@DodgeTech wrote:

This is my wifes and a old 198.00 medical posted that I quickly disputed, but why in the world did her score go up?

 

[img]http://i.imgur.com/VzhP4OO.png[/img]


W T Frig

Message 3 of 7
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Member

Re: +49 pts for a added collection??

**bleep** that makes no sense what so ever!

Message 4 of 7
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Established Contributor

Re: +49 pts for a added collection??

Give me my points back!! lol  I finally had an old collection fall off Equifax on the 1st and I lost 6 points.  My guess is the collection isn't the reason for the boost but the first thing that generated an alert.  Scores updated with the alert.  (just total speculation because nothing else would make sense)

Nov 2014 Starting credit score TU 598; EQ 602; Ex 614; Sept 2020 TU 779; EQ 783; EX 781
Discover $32k/Citi $10k/Amex $35k/Wayfair $14k/Chase Freedom $13k/NFCU $15k/Amazon $7.5k/sewing & more Synch $11k/Lowes $12k
Message 5 of 7
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Valued Contributor

Re: +49 pts for a added collection??


@mimsof4 wrote:

Give me my points back!! lol  I finally had an old collection fall off Equifax on the 1st and I lost 6 points.  My guess is the collection isn't the reason for the boost but the first thing that generated an alert.  Scores updated with the alert.  (just total speculation because nothing else would make sense)


Unfortunately, what could have happened is that old collection, although a derogatory, may have been a positive for your AAoA/credit history.

The collection falling off may have lowered your AAoA.  And add the possibility that the collection was so old,  it may not have had much of a negative impact on your score at that point of falling off.

Message 6 of 7
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Frequent Contributor

Re: +49 pts for a added collection??

I'm still scratching my head too guys!!    Maybe I can get it deleted and will post results...

BK13 filed 9/2009-DC-11/13. Falls off 9/2016
Starting Scores - EQ 509 || TU 528 || EX 540 - 9/2014
Current Scores - EQ 677|| TU 706 || EX 671 - 9/29/2015
Goal Scores - 720 across the board

NFCU Visa Signature Cash Rewards(14k)| NFCU GORewards(14k) | Capital One QS1 x's 2(1,800-2,300 | Venture(7k) | BarClay Rewards (1,500) | PenFed PLOC(500) | NFCU PLOC(15K) | BP(700)
Walmart(5k) | Amazon(5k) | Lowe's(5k) | Jcrew((5.5K) | Overstock(2.6K) | Paypal SmartConnect(2k)
Message 7 of 7
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