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My score dropped 6 points!

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Anonymous
Not applicable

My score dropped 6 points!

I have a question.  I have been working on me and my DH credit since last year, and I seem to be making some progress.  We are in the process of getting a home loan, so of course you can't buy anything dealing with credit.  So I've been paying some old CA off.  Well, I checked my score the other day, and it felled by 6 points because the one of the CA reported it on my CR as a settled debt.  Why did my score drop?  Please help me!  My current scores are TU 513, Exp 552 and Equ 584.
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Anonymous
Not applicable

Re: My score dropped 6 points!

Possibly because the collection account was updated even know the balance was $0 due to recent activity on a CA.
Message 2 of 3
marty56
Super Contributor

Re: My score dropped 6 points!

If you still have any unpaid collections, offer to do a PFD.
1/25/2021: FICO 850 EQ 848 TU 847 EX
Message 3 of 3
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