Rebucketted

[CJ1985]

Hi Everyone, Just got an alert that my EQ credit score dropped 27 points. Man, that sucks! Just checked my report and found that an old charged off (but was paid off with a $0 balance) auto loan account that finally fell of my report. This account wasnt on any of my other reports. How long does it usually take for the score to bounce back after a rebucket scenario?

[Anonymous]

Was the CO your only derog?

Aside from derogs, there are three other factors used in scorecard assignment:

Age of Oldest account

Age of youngest account

Total number of accounts

The word account above includes closed and open accounts.

What are your values for those three factors?

[Anonymous]

I had a similar experience when an old CO fell off, score dropped 3 points, but the next month, my score went up 20 points.