TygerLily, posted this question in another forum and received mean responses.
I think you had a valid question and should ignore that nasty so-called know-it-alls comment. Some people are so miserable they have to try and make everyone else that way as well. I am going to post your question and my attempt at help.
Credit Question; score update?
I am taking the advice of a lender and paying off a bill that is 2 years old. I am trying to increase my scores. Lender said the credit score will decrease prior to increasing. WHAT!?!??! Can anyone help me understand what is meant by this? When will the score increase?
(I know very little about credit ratings, other then I have a good one. Which mean my interests rates are lower then most peoples. I do think that it sounds strange you credit would drop when you pay off an old debt. That is just my opinion)
Common on folks, please help her out.
2007-05-11
06:46:33
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3 answers
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asked by
Anonymous
in
Business & Finance
➔ Credit
You're welcome TygerLily and I hope I was of help. Nobody
2007-05-11
07:46:17 ·
update #1