sassysandy Posted August 21, 2003 Report Share Posted August 21, 2003 The is really unbelievable. 9 tradelines, 7 perfect, 2 with issues. 1 bankruptcy from 4/1995. Disputed two accounts. Sears - disputed charge off and deragatory comments. Equifax removed all deragatory remarks and changed the status from '9' to '1'.Ford - disputed 1-30 day late. Equifax removed the late payment. Now all 9 accounts are perfect.But, my score went from 696 to 678.Absolutely no other changes on the report. Nothing has been re-aged, deleted, no inquiries at all.Really confused! Link to comment Share on other sites More sharing options...
kb9tbq Posted August 21, 2003 Report Share Posted August 21, 2003 That is a bummer, I have no idea - other then there must be something that is overlooked here, like if balances happen to change. I know you can dispute that bankruptcy and try to bump, but with as old as it is, you are not likely to see a score improvement their either cause it is so old. Link to comment Share on other sites More sharing options...
sassysandy Posted August 21, 2003 Author Report Share Posted August 21, 2003 Yes, two of the balances did change. They went down due to payments (auto & school loan) and my utilization on credit cards is only about 5%. Link to comment Share on other sites More sharing options...
morrow Posted August 21, 2003 Report Share Posted August 21, 2003 Very happy for ya!! Congrats on the repairs, sorry bout the whole score thing.....it takes time Hang in there, it'll come around for ya! Link to comment Share on other sites More sharing options...
kb9tbq Posted August 21, 2003 Report Share Posted August 21, 2003 They say that around 30% / 20% is prime, maybe there is a such thing as being too low. Credit Cards are the main accounts to drive up this part of the scores, how many accounts do you have open total of what type:Student Loans (how many)Revolving (how many & what is credit limit verses balances)How old are these accounts?Sounds like you have a fair mix with auto and the others you listed,How many inquiries in the last year do you have?Might be something here that can be improved on, Link to comment Share on other sites More sharing options...
sassysandy Posted August 21, 2003 Author Report Share Posted August 21, 2003 1 home loan - current1 home loan - paid off $0 balance1 student loan owe 30% of original balance1 car loan owe 30% of original balance1 Paid off car loan - $0 balance1 Finance Company loan - paid off $0 balance3 credit cards - total limit $700, owe total of $35 - just paid them down.1 inquiry from 1 1/2 years ago Link to comment Share on other sites More sharing options...
kb9tbq Posted August 21, 2003 Report Share Posted August 21, 2003 By all means every thing looks good here, The only real improvement I can see you accomplishing is to request credit limit increases, and to maybe charge a bit of a balance back to each card, like $50 per card then see what happens.Might be also your age on the accounts is not very long - if you just paid and closed any just recently this might contribute in drop in score.Cause when you pay, you are closing available credit limits - shrinking this part down even smaller.If the credit cards are young, then maybe time is needed to age a payment history. That is the only possibilities I can see here. Link to comment Share on other sites More sharing options...
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