5,315,992
If you can figure out how credit scoring works, please let me know. I don't even begin to try to understand.
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Ron and Alexandra Seigel
Carpinteria, CA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
933,368
It takes time to verify. Customers could have filed a dispute which takes at least 40 days most of the time. All 3 agencies work at different rates and don't all report the same thing. Deliquency is only one factor. They might have a new 30 day late, but also paid down balances on 2 or 3 other accounts.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Nina Hollander, Broker
Charlotte, NC
5,774,100
Sally and David,
The whole credit scoring algorithms are a connundrum. I agree with Nina Hollander ! A
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Nina Hollander, Broker
Charlotte, NC
2,234,859
Maybe the reports of the late payments haven't gotten to the credit agency yet.
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Nina Hollander, Broker
Charlotte, NC
8,155,096
Just wait until the reports arrive.
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Nina Hollander, Broker
Charlotte, NC
1,539,044
Not a clue. I'd guess it hasn't impacted it yet or they're playing some kind of game to keep it up.
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Nina Hollander, Broker
Charlotte, NC
864,758
Perhaps she has opened several accounts with low balances, hence lowering her debt ratio?
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Nina Hollander, Broker
Charlotte, NC
3,988,138
There is likely an old past due account that is continuing to report as late and as time goes on it is getting later and later and more penalty points. Research it and find which it is and get it paid. This is my best guess.
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Nina Hollander, Broker
Charlotte, NC
634,582
Increasing their total available credit (amount they can charge) on various credit card accounts. The ratio of amount owed to amount available makes a big difference in the FICO score.
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Nina Hollander, Broker
Charlotte, NC
3,430,917
It takes time to report ... and all agencies work differently. When you figure out the credit system ... can it and sell it. You can then retire!
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Nina Hollander, Broker
Charlotte, NC
3,986,473
5,584,639
it does take time to report that negative activity.....
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Nina Hollander, Broker
Charlotte, NC
617,985
It could be a delay in the potential negative items not yet having been reported.
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Nina Hollander, Broker
Charlotte, NC
1,101,539
Where are the scores coming from, and how many reporting agencies?
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Diana Zaccaro Broker A...
Cocoa Beach, FL
2,759,862
2,538,789
Good morning Sally. If the mortgage is not being paid, it's literally impossible for credit scores to increase, unless the mortgage is not being reported for some reason.
3,213,829
maybe they started paying down revolving credit with the mortgage money?
1,157,841
Credit score calculation algorithms are proprietary to the credit score companies and are dependent upon numerous factors. There are many credit scores. Therefore, it is not possible to answer without a lot more information.
1,713,581
I have never seen that. I see more of the opposite especially when you have inquiries for more credit.
1,513,143
5,168,944
43,981
Great question. I never see a clients credit score personally. The lender gets authorization from the client to share the information if it is relevent to me.
1,231,853
Dead beat, not paying on time, too many credit cards, high balances, etc.
3,074,389