Posted on: 04th Nov, 2007 04:39 am
When derogatory comments drop of credit score increases right? Also wanted to know what happens when positive comments drop off, does this decrease your score? I have some positives about to drop off and some negatives that are still hanging in there, will this lower my score?
Anything dropping off your credit report will have an effect. Positives dropping off will lower, negatives dropping will increase your score.
Hi Jbarto,
Welcome to the forums.
Derogatory remarks on the credit report do have a negative effect on the credit score. Positive comments dropping off will reduce your score. But what type of derogatory remarks are you talking about?
Welcome to the forums.
Derogatory remarks on the credit report do have a negative effect on the credit score. Positive comments dropping off will reduce your score. But what type of derogatory remarks are you talking about?
I am mainly referring to old credit card bills, I have since settled and paid them off, I have a ton of positives that will be falling off soon also. So really, the only thing that is gonna help me is keeping up with my credit right now current and hopefully the derogatories will fall off at the same rate or slower than the positives.
Hello Jbarto,
You are correct. You have to try to build your credit as fast as you can. This will help you to qualify for any further loan.
There are a few ways of improving your credit score. You may look here http://www.mortgagefit.com/credit-rating/credit-repair.html for them.
Hope this helps you.
You are correct. You have to try to build your credit as fast as you can. This will help you to qualify for any further loan.
There are a few ways of improving your credit score. You may look here http://www.mortgagefit.com/credit-rating/credit-repair.html for them.
Hope this helps you.
Thank you, I need all the help I can get, I appreciate the link.
