Archive for April 30th, 2011

Why does filing a dispute lower my FICO credit score?

Question by R S: Why does filing a dispute lower my FICO credit score?
In order to raise my credit score I filed a dispute on some of the negative items. On my FICO score those items show that they are currently being disputed, but it also shows that my score lowered by 6 points because I filed the dispute. How does this happen? Will it go back up once the dispute is resolved?
There have been no changes to be credit besides disputing the information. On FICO site where it list my score, it actually says that my score was lowered because a dispute was filed, even though the dispute is still pending.

Best answer:

Answer by Jewel M
If you are applying for a credit card, loan or mortgage you may need to take a look at your credit score first so as to avoid embarrassment and failure. You’re able to get a free credit rating on the net over at http://bicemahs.thaer.net they are very professional, and they have been advertised on the television.

Give your answer to this question below!