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Balance updated my score dropped 67 points

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finch11
New Visitor

Balance updated my score dropped 67 points

Question folks, Have a credit card charge off. I disputed the information on my credit report came back balance was updated. Id is the same amount as it was before the dispute and my credit score dropped 67 points. Thanks

Message 1 of 4
3 REPLIES 3
GZG
Senior Contributor

Re: Balance updated my score dropped 67 points

if it wasn't updating, it's now seen as new by FICO, resulting in a score drop.

Starting FICO 8:
Current FICO 8:



4/6, 4/12, 8/24 new accounts
Message 2 of 4
FireMedic1
Community Leader
Mega Contributor

Re: Balance updated my score dropped 67 points

Welcome @finch11 

It seems you saw this drop on CK? Disputes are for inaccurate info only. If it was for hoping it would be removed or deleted in some way. This is what happens once the investigation is completed. It updates as new. And there goes the points. Especially with Vantage score websites. If its accurate. Let it die a slow death and fall off.



BK Free Aug25
Message 3 of 4
mfinsmi1
Established Contributor

Re: Balance updated my score dropped 67 points

the points will recover dw 

Personal Cards (Over $100k):

Business Cards:

Rebuilding Starting Scores - December 2021

FICO SCORE 8/9 - Current 1/6/23

Stats: : 3/6; 8/12; 17/24 --- AAoA 3 YRS, 8 MO --- INQ: EX-6/TU-7/EQ-2
Message 4 of 4
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