Ask Experts Questions for FREE Help !
Ask
    clohman's Avatar
    clohman Posts: 14, Reputation: 1
    New Member
    		  
    #1

    Mar 29, 2007, 01:49 PM
    Credit Score Change
    I have paid off several past due accounts. Now, I have received a score alert from MY FICO showing a 25 decrease in my score. I do have my dispute letter type & signed and will send it via fax today to Tranunion. However, I have a new account showing a balance of $294.00 from a past due Sprint Bill. Do you think if I offer them $190.00 to settle this account is acceptable.

    Thanks,

    Clohman:rolleyes:
    finessed1's Avatar
    finessed1 Posts: 36, Reputation: 1
    Junior Member
    		  
    #2

    Mar 29, 2007, 03:29 PM
    You might be able to offer them less than that.
    LaurieZ's Avatar
    LaurieZ Posts: 8, Reputation: 3
    New Member
    		  
    #3

    Apr 5, 2007, 02:07 PM
    In writing (via certified return receipt), try offering less in return for a deletion upon payment. If they respond on letterhead, keep a copy of the check and the letter and send to the credit bureaus that are reporting it.
    wynelle's Avatar
    wynelle Posts: 184, Reputation: 21
    Junior Member
    		  
    #4

    Apr 17, 2007, 05:22 PM
    Back to the original part of the question---even if you paid off the past-due accounts, the issue is that they were PAST-DUE. That is what made your credit score to be low, and just paying them off won't show an immediate improvement. You have to maintain paying on time before the scores improve.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Credit score [ 3 Answers ]

Are there any legitimate ways to improve credit scores .And what can I do besides being responsible .

Credit score [ 3 Answers ]

My buddy told me that there is a form or something that you can fill out regarding the credit card companys that states you donot what any credit card offers for a period of one year.Then once this paper work is filed with the credit report agencies a persons creit score will raise 25 points .So my...

Credit score [ 2 Answers ]

My husband and I recently paid off three IRS liens on our house which were also showing up on our credit reports. Instead of our scores going up, they dropped slightly. Can anyone tell me what happened or how to question this to the appropriate people? Thanks. Kat

Credit Score... [ 4 Answers ]

Someone might have asked this question, but there are so many posts that I couldn't go through them all. My question is: How many points does one's credit score go down, after, let's say a bank or a car dealer check the credit to see if you qualify? :confused: Thanks in advance.

Credit score change [ 3 Answers ]

Hi, I'm re-building my credit and I can view my credit score online. Last month it was 583, and this month it changed to 579. I have paid all bills in full. Could it be that in the last cycle my balance was just $3 under the credit limit? Thank you!

View more questions Search