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Lifebegan2010

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Had something in collections removed from credit and then my score dropped 49 points. Why?
I payed the bill in collections off, but they couldn't remove it from my credit of course. So I had it disputed to get it removed saying the bill was paid. They removed it and then my score dropped 49 points. Now from what I heard and maybe I heard wrong, but normally when you get something removed your score goes up or stays the same, but never drops. Anyone know why this happened? Need to understand why.

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Do you have a very limited number of accounts on your credit reports? This could be the case and the lose of points was more due to a loss of information. No it does not make sense but that seams to be how the Vantage system works. You are correct when you beleieve that removing negative information is a good thing because it is. It is always an improvement to remove negative info no matter what a scoring system tells you. If you have FICO scores, worry about them, not the Vantage on here.

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