Jump to content

30 point drop due to an old unpaid CO being deleted


Recommended Posts

<blockquote>Originally posted by sjones


It was 6 years old and it was erased today.. PG showed a

30 point drop. Hate to see what happens when the other CO's

are shown as gone.


That's because it's adding tenure to your files and age is an important factor in the scoring calculation. However, you should really focus on the actual data that is on your files and attempt to have that as clean as possible. Creditors look not only at the score but also the information contained in there and charge offs and collections are never viewed upon favorable. Once you're done cleaning up your files and rebuilding credit by making timely payments, your score will become higher as well.

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.