my credit score dropped....after getting collections removed?

Question

I don't get it, I had 5 collections, 2 were deleted, my bills paid on time, and my score dropped why?

Answer 1

It's fairly normal to see a score drop when a negative is removed.

The reason is because even though it was a negative, you have lost history.
The fewer accounts in good standing that have a long history on a credit report, the larger the score drop.

Keep the rest of your accounts in good standing and you should see your scores start rising fairly soon.

Answer 2

ugh.. i need a bit more info. but first thing you should know that most don't ... everytime someone , work, credit cards , store cards... pull a check on you to approve you or even if they say no, it takes 5- 10 points off your credit score. Plus if you go in to buy a car or home... they will pull 5-10 different loans seeing who can get you the best offer and that cost you about 50 points.. if your collections got written off it will put a ding in your score. if you paid it off it will take upto seven years to come off your credit.