Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
creeljeff

2 Contributions
32 People Helped
Why would my credit score drop 30 points after having an old collection account drop off?
My score was around 643 had a new credit account open which gave me great utilization with my cards and even had a card raise the limit $600 then I had an old account that ran its course in collections of 7 years and it fell off. After all this I check my score and it dropped 30 points to poor credit why did this happen?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
1 Contribution
1 Person Helped
Most Helpful Response

Helpful to 1 out of 1 people

You need to inquire and investigate this with the credit reporting agency's. My opinion is they are all a sham and don't care at all what is paid off in full and deleted off of our credit report's? Just what is not paid in a timely manner or deliquent. You just have to keep bugging the credit report agency's to fix it. That's the only way to do it or should I say that's the way I had to do it for months before it was finally fixed. Good luck!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.