How much should certain ‘potentially negative items’ lower your credit score?
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Paul D wants to know:
I accumulated a small (~$300) hospital debt one summer when living in Houston. Upon leaving, I forgot to forward my mail *kicking myself*. Although I paid every bill they sent me while there, apparently one came after I left for $46. I was totally unaware of this $46 debt until much later, at which point it was being handled by a collection agency. I paid the bill immediately, and the telephone collection agency operator told me it would not go on my credit since I had paid it immediately. …3 years later… I realize my Experian score is *61* points lower than my Equifax or Transunion, and this $46 dollar collection account is the only potentially negative item I have.
I accumulated a small (~$300) hospital debt one summer when living in Houston. Upon leaving, I forgot to forward my mail *kicking myself*. Although I paid every bill they sent me while there, apparently one came after I left for $46. I was totally unaware of this $46 debt until much later, at which point it was being handled by a collection agency. I paid the bill immediately, and the telephone collection agency operator told me it would not go on my credit since I had paid it immediately. …3 years later… I realize my Experian score is *61* points lower than my Equifax or Transunion, and this $46 dollar collection account is the only potentially negative item I have.
In all, it seems unreasonable that my score plummets so severely for such a small collection. Maybe I just don’t understand how these things are calculated.
Sorry for the long post, and thanks in advance for your help.
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Tagged with: 3 Years • Transunion
Filed under: Credit Reports
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I don’t understand scores either. however, i’d just avoid debt as much as possible. U CAN however, check all 3 of yer credit reports from all 3 credit bureaus & DISPUTE ALL pd bal, EVEN accts that R not yerz…. i had 25 items erased
Ask lenders for agreement to delete this items from your credit report when paying them. I recommend to get such agreement thru credit repair agency, for example this one – creditreport.imess.net