Why is my credit score so quick to drop?

Why is my credit score so quick to drop?

well i have a low credit score but i was still able to finance a car about 8 months ago with the help of a co-signer. I have been paying my car on time since i got it 8 month now a couple of payments have even been done ahead of time. well about a month a go i got all 3 of my credit report and opened up account with free credit report dot com and i have monitoring my credit ever since. i found on my report that i have 3 negative accounts one of them was of $2000 that wasn't even mine so i quickly called the collection agency that appeared in the report and they said they would do further investigation and if its not mine they will delete it from my report im still waiting for that to happen. the other 2 i know about i paid one of them in full and the other one im giving payments to almost have it paid off. yet my credit report still stays that same. the other night i tried to apply for a credit card to see if that can help my credit go up a little and was declined. the next day i got an email from free credit report about a change in my report when i look it was the credit card that was declined made my report drop 14 points. So i pay one of the accounts in full i am making the effort to pay off another account which is almost paid off just one more payment, and i pay my car loan on time every month and my credit score wont improve. i get declined for a credit card and my score drops 14 points in one day whats the deal with that? what am i doing wrong?

 

BEST ANSWER: Try this site where you can find the best solutions for you:creditandfinancesolution.info

 

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well i have a low credit score but i was still able to finance a car about 8 months ago with the help of a co-signer. I have been paying my car on time since i got it 8 month now a couple of payments have even been done ahead of time. well about a month a go i got all 3 of my credit report and opened up account with free credit report dot com and i have monitoring my credit ever since. i found on my report that i have 3 negative accounts one of them was of $2000 that wasn't even mine so i quickly called the collection agency that appeared in the report and they said they would do further investigation and if its not mine they will delete it from my report im still waiting for that to happen. the other 2 i know about i paid one of them in full and the other one im giving payments to almost have it paid off. yet my credit report still stays that same. the other night i tried to apply for a credit card to see if that can help my credit go up a little and was declined. the next day i got an email from free credit report about a change in my report when i look it was the credit card that was declined made my report drop 14 points. So i pay one of the accounts in full i am making the effort to pay off another account which is almost paid off just one more payment, and i pay my car loan on time every month and my credit score wont improve. i get declined for a credit card and my score drops 14 points in one day whats the deal with that? what am i doing wrong?

 

Mechanical Breakdow Insurance refuses to pay...?

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And no, im not a bad driver. Will Obama have some sort of auto insurance reform next to help us out? Look at how many Americans dont have car insurance but drive anyways.

 

 

How does car insurance work?

I work at *** insurace services and im a secretary. i do nothing but answer calls. i want to know how this place works. i know they insure taxis,. limos, trucks. and personal cars. but how do my managers get paid. HOW DOES THIS PLACE WORK. so i dont have to feel lost all the time at work. i still dont know why they hired me.. weird

 

 

Auto Insurance in California?

I'm a new driver, all I have is my Permit right now. I'm trying to find insurance that isn't going to ream me financially. Also, don't you need insurance to get registration/new tags....or do you need the registration to get insurance? GAH, SOMEONE HELP!!! (And, if you're going to be a smartass, don't bother. K? Thanks!

 

 

Can my car insurance company drop me for having not at fault accidents?

I had Go Auto insurance on my 2 cars. Well over the courseof about 1-1 1/2 years (a year to a year and a half). I had about 3 wrecks. All not my fault. The other drivers were 100% at fault. After the third wreck, which was not to long ago. My insurance company (Go Auto) sent me a letter saying they weren't gonna let me renew my insurance with them because i was considered poor risk . Can they do this or should i contact insurance commissioner. No rude comments.

 

 

Car Insurance For A 17 Year Old Male?

I'm 17 and starting to drive and thinking about getting a car later on when I pass, but I'm sure insurance and fuel costs are going to kill me! Can I get some advice and maybe a rough guide to how much insurance will be? I'm thinking of getting a VW Golf Mk1 or Mk2, or a Peugeot 106 Escapade. Could you also tell me if modifying the interior will affect insurance along with resprays and lowering the vehicle. Thank you

 

 

Classic mini, lessons and insurance for 2.5k?

Classic 998cc mini insurance driving lessons and test all for 2.5k - possible?

 

 

How much does car rental insurance cost?

I am renting an economy car for one day through enterprise. Any idea what the average cost of rental insurance they offer is? I'll be calling them later on. Just wondering ahead of time what I should expect to pay, on average. Thanks

 

 

How much will insurance offer for a car I paid 3000 for 6 months ago?

Peugout 106 1.1 Bought for 3 grand 6 months ago although he got it down from 3500 from a reputable dealer. It is likely to be a total loss so how much do you think they will offer me for it?

 

 

Which car would be a better buy. altogether thinking about fuel costs, insurance, & maintenance.?

I'm thinking of buying a european sports car which one; thinking of all around costs. 2006 BMW 330i Sedan - 31,000 Miles - V6 $26,000 2000 BMW 323i Coupe - 80,000 Miles $6,500 2003 Mercedes E320 - 60,000 Miles $16,000 2001 BMW 740Li - 83,000 Miles $11,000

 

 

Should Keep or Look into term Life Insurance Quotes?

I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look into term insurance?

 

 

My parents wont put me in car insurance?

My dad keeps giving me excuses to why I'm not on his insurance yet. His excuse now is that he wants to switch car insurances first, but that he can't until he fixes his car. Like why can't he fix his car under the new insurance? it makes no sense. I've had my license for about 3 weeks now. All my friends have been put under insurance as soon as they got their license. I'm trying to get a job, but I cant because I'm not on the insurance. and no one can drive me to work since they work themselves. My parents think my older brother is my personal driver, its annoying. I don't know what to do. Any advice?

 

 

Ca dmv insurance online?

heres the deal. i want to renew my tags online but it says my insurance needs to be on dmv file to be able to do that. so is there a online system i can file my insurance on or do i still have to go to dmv to do that

 

 

I need health insurance in california?

i really need health insurance i have a really bad sinus problem & ADD i already had a surgery in the past for my sinus problem and i had healthy families insurance and they paid for it and they used to pay the office visits too my mom only paid $5 copay and since i turned 19 i cant have that insurance anymore is the some other insurance that is full coverage and is not very expensive? i already tried getting medical but did not qualify and i dont have a job because everyone is getting laid off over here

 

 

Auto insurance rates?

hi there. I'm doing a project for school that requires us to find the auto insurnace rates for people of the following categories: >a male just getting their licence (who has taken driver education classes) >a male just getting their license (who has not taken driver education classes) >a 25 year old male (who has taken driver education classes) >a 25 year old male (who has not taken driver education classes) >a person convicted of driving while intoxicated

 

 

How much woul i pay for auto insurance on 2007 Hyundai Tiburon?

V6 2 door coupe. Im 18. 2 tickets, 1 for running a red light. Other was a car accident, 9000$ cost to insurance on property damage. No injuries, or if anybody owns one let me kno hoe ...show more

 

 

What is the best insurance to start off on?

I'm 20, and thinking bout after college and trying to get ready to be on my own. So I was wondering of what is the best insurance company to have at the moment, and any advice I would love to have.

 

 

Does anyone know where i can get cheap and affordable health insurance from in wisconsin?

Im looking for cheap or affordable health insurance ,, sure cant seem to find any .. does anyone have an answer

 

 

How much would insurance group 7 be?

would just like an estimate how much insurance group 7 is

 

 

Will my Progressive Ins. rate go up with speed camera tickets?

I have progressive car insurance in MD and have received a lot of speeding camera tickets in the last few months (due to my driving and my brother driving my car). Does anyone know if Progressive insurance will keep track of these camera speeding tickets that will cause my car insurance rate to go up?

 

 

Teen car insurance!! ?

im 15 and getting ready to buy my first car. i really want to know about how much my insurance will be. im getting a 2001 toyota celica and i live in north carolina and im a girl. can anyone please help?????

 

 

Can someone please explain what these new insurance laws are?

are we required to have insurance? do all companies have to offer insurance now? What percentage do companies have to pay for insurance? Thanks

 

 

Motorcycle insurance?

can someone recommend me to a good motorcycle insurance. Thanks

 

 

How much is car insurance?

I'm 17 and would be going under my moms I know she has State Farm and hers is cheap like 600 a year. I'm a girl and want the Scion TC probably the 2006 or 2007 model. I also have the b student discount and I took drivers ed. So I was just wondering how much my insurance would be, thanks!

 

Why is my credit score so quick to drop?

well i have a low credit score but i was still able to finance a car about 8 months ago with the help of a co-signer. I have been paying my car on time since i got it 8 month now a couple of payments have even been done ahead of time. well about a month a go i got all 3 of my credit report and opened up account with free credit report dot com and i have monitoring my credit ever since. i found on my report that i have 3 negative accounts one of them was of $2000 that wasn't even mine so i quickly called the collection agency that appeared in the report and they said they would do further investigation and if its not mine they will delete it from my report im still waiting for that to happen. the other 2 i know about i paid one of them in full and the other one im giving payments to almost have it paid off. yet my credit report still stays that same. the other night i tried to apply for a credit card to see if that can help my credit go up a little and was declined. the next day i got an email from free credit report about a change in my report when i look it was the credit card that was declined made my report drop 14 points. So i pay one of the accounts in full i am making the effort to pay off another account which is almost paid off just one more payment, and i pay my car loan on time every month and my credit score wont improve. i get declined for a credit card and my score drops 14 points in one day whats the deal with that? what am i doing wrong?

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