If it was within the recent few years, the score should go up, but you only get back a fraction of what you lost to begin with, the older the item gets the less that the score is affected by it.
But it is still good to get deleted, then other lenders don't see it any more.
Whether or not your score is going to improve, depends firstly on the listing type - whether or not the listing was positive or negative. If you close an old account, all the history of that account is lost from your report. This may negatively affect your score.
However, if negative listings or wrong listings are removed from your report, it does improve your score. There is no time limit within which the score may go up. However, by how much will the score go up depends on the type of debt, the amount of debt and the settlement type.
Is the start of building your credit score. To improve your credit score it takes time, just keep pay on time your bill or debt. Avoid of late payment.
It depends on a couple factors.
how negative the thing was that I presume you wanted to get deleted.
And how old the item was. If it was an old tradeline then you lose credit history.
If it was within the recent few years, the score should go up, but you only get back a fraction of what you lost to begin with, the older the item gets the less that the score is affected by it.
But it is still good to get deleted, then other lenders don't see it any more.
improve credit core
Hi wzahn,
Whether or not your score is going to improve, depends firstly on the listing type - whether or not the listing was positive or negative. If you close an old account, all the history of that account is lost from your report. This may negatively affect your score.
However, if negative listings or wrong listings are removed from your report, it does improve your score. There is no time limit within which the score may go up. However, by how much will the score go up depends on the type of debt, the amount of debt and the settlement type.
For more details you can refer http://www.creditmagic.org/knowledgebank/credit-scoring.html#improvecre… .
Hope this helps.
Regards,
Aaron
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Is the start of building your credit score. To improve your credit score it takes time, just keep pay on time your bill or debt. Avoid of late payment.