I have some negative accounts on my credit report that are due to come off this year. What will happen to my credit score after they come off. I am in good standings with the accounts that i have open.
2007-03-28 06:06:22 · 4 answers · asked by Authentic 3 in Business & Finance ➔ Credit
Considering that the longer a negative is on your credit report, the less it effects your credit score - there's a good chance you may not notice much of a difference in your current score. Just continue to pay your bills on time, watch how much you're charging on your credit cards, and becareful how often you ask for credit (inquires) and you score will continue to increase.
2007-03-28 08:52:28 · answer #1 · answered by reandsmom77 6 · 0⤊ 0⤋
Your credit score will not automatically jump. You will have to rebuild it. Get some credit and charge a minimum amount each month. Pay it off immediately. If you have a car payment or mortgage, pay those on time. In time, your score will rise.
2007-03-28 06:18:30 · answer #2 · answered by ThePerfectStranger 6 · 0⤊ 0⤋
You will get a little bounce when bankruptcy comes off. But the main thing is that creditors will no longer see in on your report.
2007-03-28 06:15:43 · answer #3 · answered by Anonymous · 0⤊ 0⤋
your score will go up and just don't know how much
2007-03-28 06:20:23 · answer #4 · answered by shorty21 5 · 0⤊ 0⤋