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Question By
sonofisis

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Credit Score Drops after dispute resolution??!
I disputed a cc collection account recently the came back as verified. The original credit did not look familiar initially. Nothing else on my credit report changed, yet I saw a 20+ point drop on all of my credit scores once it was resolved. The collection was reported initially in May, updated in July, and then recently updated after the dispute. I don't understand. Do updates negatively impact my score? If so, can collections agencies legally update every month and just ruin my life like that or was it because I disputed? I'm very confused. What can I do? How long until my score recovers???

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Top Contributor
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You have to be very careful when attempting to address collections.  As you've experience you can certainly make matters worse as in some cases the collection can update and have a bigger negative impact.  Carefully research on sites with info on credit and credit repair before taking any action in future.

Recovering isn't simply a matter of time.  As long as a derog is on a report it's likely to have a signficant impact.  Scoring improvements don't just come with time.  Your report has to improve for your scores based on that reort to improve.

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