Well, 45 months after filing for CH7....

ScoreBooster · ‎06-01-2014

....my last derogatory/IIB-tradeline fell off my reports and I'm quite happy to see:

Equifax: 686

Experian: 720

TransUnion: 724

...and that is with a 35% revolving credit-ratio - so there is still room for improvement.

I re-established credit basically from day 1 on - and it paid off. You can do the same!

somotao · ‎06-01-2014

This is awesome news.....Thanks for sharing

Starting Score: 500s
Current Score: EQ: 708myFICO(7/15/17), TU: 721myFICO(7/15/17), EX: 701myFICO(7/15/17)
Goal Score: 750
Wallet: Discover IT $50300, Capital One Platinum $17000, Barclays Rewards $6700, Walmart $6000, Amazon Store Card $6000 Chase Sapphire Preferred $5000, Chase Sapphire Reserve $10000, Bank of America Cash Rewards $500. BestBuy $10000

TRC_WA · ‎06-01-2014

Congrats.

I'm looking forward to my 13 and IIB accounts falling off in 22 months. In the meantime I'm shooting for 700s by the end of this year.

Set a goal and then do it.

FICO8 current as of : 4-17-24 EQ: 724 TU: 707 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24

JMMD · ‎06-02-2014

@ScoreBooster wrote:
....my last derogatory/IIB-tradeline fell off my reports and I'm quite happy to see:

Equifax: 686
Experian: 720
TransUnion: 724

...and that is with a 35% revolving credit-ratio - so there is still room for improvement.

I re-established credit basically from day 1 on - and it paid off. You can do the same!

Could you please explain a bit. The IIB TL fell off? I thought they were on for the entire 7 years the BK is on the CR?

0REDSOX7 · ‎06-02-2014

if the DoFD was several years prior to the actual filing, then it is possible for the TLs to fall off prior to the seven years...

The public record will remain - but it is possible for the TLs to be gone sooner.

BK Discharge 2/11/14

Currently in the garden.

JMMD · ‎06-02-2014

@0REDSOX7 wrote:
if the DoFD was several years prior to the actual filing, then it is possible for the TLs to fall off prior to the seven years...

The public record will remain - but it is possible for the TLs to be gone sooner.

That makes sense. Most of our derogs are from right before our BK in 2011. Guess I need to be patient!

Scupra · ‎06-02-2014

Congrats! Nice looking scores as well. I am a year away from all my IIBK TL's dropping off and am very envious

ScoreBooster · ‎06-03-2014

@0REDSOX7 wrote:
if the DoFD was several years prior to the actual filing, then it is possible for the TLs to fall off prior to the seven years...

The public record will remain - but it is possible for the TLs to be gone sooner.

Yes, that's exactly what happened in my case.

I also had a judgment on my report that would have stayed on file until December but I was able to get it vacated due to my bankruptcy - so alll that remains is the BK itself.

USF813 · ‎06-05-2014

Lucky you! I'm 60 months this month and my earliest drop off is Dec '15. Of course, AMEX deleted their account shortly after BK. Not sure why.