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After 7 years will Fico score jump up?

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Anonymous
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After 7 years will Fico score jump up?

I have 3 collection accounts that will fall off this year. Will that jump my score up when they fall off or do they just fall off? My Trans is now 608 while Exp is 561
Message 1 of 4
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Anonymous
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Re: After 7 years will Fico score jump up?

who is reporting the collections?  most points that you get are from a CO  dropping. Baddies drop 7-7.5 years from DOFD  DOLA
Message 2 of 4
Anonymous
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Re: After 7 years will Fico score jump up?

I have 3 charge offs from credit card companies that will fall off. The late payments will fall off as well
Message 3 of 4
Anonymous
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Re: After 7 years will Fico score jump up?

Everything drops (baddies)  7-7.5 years from DOFD or DOLA   because these are CO from the OC  yes big jump in scores
 
You do not et big jump if only a CA drops  even if they are collecting for the same OC
Message 4 of 4
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