I have 791 score its been going down slowly. I had 815. Why going down if everything is ok on my side?
It would not hurt to review your credit reports, which you can get free of charge from the site below. However, the mechanics (formulae) appear to be somewhat volatile so 815 to 791 should not be a major concern.
My problem isn’t a bunch of credit card debt or things like that. I have mainly medical debt that got judgements on my credit report but most are 5+ years old now. Am I better off paying the old debt that was sold from when I had no insurance or letting it fall off after the 10 years? I’ve had one credit card in my life and it got canceled because I tried to make a payment and it didn’t hit my bank that day 3 times, so even though I was trying to pay it in full they canceled my card. The only other debt I have is my student loan and I’m in good standing with them. My score is mid 500’s but I want it higher.
Links to a couple of relevant articles on this issue are below.
I guess the real question is did you declare bankruptcy on these debts. If you did in 5 years your credit will slowly get better. Do not pay anything. What I did was apply for a high interest credit card after 8 years and used it and paid it off monthly. Never late on anything. If you did not declare I would do it now and give them nothing. Now the clock starts over. Credit card companies will be sending you offers left and right hoping you'll default again as you cannot declare for another 10 years. Get a card use it and pay it off every month. It all just takes time. This past April was 10 years that I declared and my credit score ranges from 765 to 804 depending on which agency you ask. Good luck!
I've seen the same pattern. Except the action of opening the account will temporarily take a large swipe at your score, it will go up month by month. After your credit limit with new accounts tabulate, you will see a significant rise as well, as per my experience. The rest is paying on time and more.
Why is there such a difference in my score between credit reporting agency's? One has my score 50+ points below another. My DTI and debt owed show completely different among the three agency's. How do I fix this?
You can't fix having a different credit score from the three credit agency. What you can only do is is make sure you remove any negative item causing harm to your credit rating. You can visit [website removed] and learn more yourself.