I'm a 599 but just got my credit report and noticed that some negative items are wrong (one is a charge off for 1000 on a loan I never even heard of). And some items that are real are duplicated. If I get rid of the false one, how many points should I increase?How much will deleted false negative items increase your credit score?
It's really going to depend on the account. Honestly it could actually cause your score to decrease. Ageing plays a role in credit scoring even though it is a negative. However, getting rid of a negative is worth the small risk of losing age in the long run. Fico is so fickle no one can really tell how much it's removal will increase your score. Start with disputing the incorrect information. If they come back verified, send a DV (debt validation letter). You want to send it CMRRR (certified mail return receipt requested)Good Luck!How much will deleted false negative items increase your credit score?
depends how big the item is,car payments and mortgages are the highest then credit cards which depend on the amount
well it depends on a number of things but if you want a basic ball park figure, it should be about 30-50 points
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