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AtoZSpirit

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Why does deleting unknown accounts lower my credit score?
I had 2 of the 3 unknown accounts on my credit report disputed and deleted successfully within a week. This caused a 20-point drop in my credit score. Why did that happen with deleting unknown accounts and will it go back up to where it was?

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Deleting accounts from your credit report can have an impact on your average age of accounts.   If the account had a lengthy age associated to it, your average age would reduce.  Having accounts removed also affects your number of credit accounts.  The more you have, the better it is for your account.   Also, if they were reflected as active accounts with a credit line, removing the items would reduce your credit line and possibly increase your utilization.   You may have received some good credit increases over time on these accounts and when they are removed, the good tends to disappear with it.   As you properly manage your credit and make ontime payments, you shoud see increases to your score over time.

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