Paid Judgement Increased Score

Radakovich Q&A, part I

Greetings,

We ran a Q&A with athletic director Dan Radakovich last week, linked here . There were a few things he talked about that I didn’t include for space reasons that I didn’t include that I thought were interesting, including answers to questions that were abbreviated or omitted entirely, including positives/negatives of the year, the impact of the new ESPN contract, the scheduling of games at Philips and Gwinnett arenas, football ticket sales and the issue of paying scholarship athletes stipends. A: The biggest positive development has been that philanthropy, as it relates to the building of buildings, continues to be very strong. A year ago, while we were hoping that we would be able to build an indoor practice facility, it was the generosity of John and Mary Brock that allowed it to really get on the fast track. And now, at the end of July, our football team will have an indoor facilty and a new practice environment that’s phenomenal. The tennis facility that we are in really deep design issues right now has moved to this point beaue of the generosity of Trish and Ken Beyers , who stepped up and made the lead gift for that particular facility. Because of the McCamish family and their forethought a couple of year ago, we’re now re-doing the coliseum and making a basketball facility that we think will be very fan-friendly and relevant and continue to have our basketball programs, from a facility standpoint, relevant for the next 25 years. The other teams have coaches that they pay and student-athletes that are on scholarships. We hope that’s just a one-year aberration and we can get back to doing some of the things that we’re accustomed to and our fan base is accustomed to and our student-athletes are accustomed to.

My two cents: While I jumped in late this year, I’d agree. No one team had a phenomenal year and, in the big picture, being able to break ground on a new basketball arena and an indoor football facility (as well as start the process for a tennis complex) are pretty big. As for the disappointment, I thought he might mention having to end Paul Hewitt ’s term at Tech, but, again, his answer was bigger picture. Unrelated, while I’ve often heard the “the other guys get paid to make plays, too” line from professional athletes and coaches, I’ve never heard it at the college level. Not a judgment, just an observation. Q: The baseball team had a strong regular season, particularly with such a young team, but had a disappointing postseason again. How do you assess the season?

Paid judgement and credit score : Bad Credit Advisor

Paid judgement and credit score

So you have a judgement and decided to pay it off. Good idea if you can afford it, because an unpaid judgement can stay on your credit report for a long time. But once you paid a judgment in full, you should expect the credit score to go up at least half way back where it was before, right? Wrong, your credit scores may stay about the same, may even go down initially. Rarely they will climb a bit higher. A lot depends on your overall credit history, scores before you got a judgement and how much the score dropped initially.

The bottom line is if you satisfied a judgement, it still remains on the credit report for 7 years. Do not expect a paid judgement increase your credit score in a month or two. Neither expect a substantial increase in several months. However with time, the effect of judgement lessens significantly, but a meaningful increase can often be seen only after 15 to 18 months or even much later.

If you are to look for a loan, have a letter of satisfaction in hand when applying, or be ready to furnish one when requested. Otherwise you will be denied. What affects credit score according to FICO .

Tue Mar 29, 2011 11:03PM | Copyright: www.bad-credit-advisor.

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