cancel
Showing results for 
Search instead for 
Did you mean: 

Age of negative items

tag
jayhuck1
Established Member

Age of negative items

I've read numerous times on this board that as baddies get older the effect on fico lessens. How old? 1year?2?3? 

 

On another note...

 

LVNV funding. Tried and tried to get them to GW. Went the BBB route and still not budging. They are ruthless. TL to report until Jan 2015. I feel I have exhausted all options with them so I will have to let it "age off"


Starting Score: 520
Current Score: 640
Goal Score: 720


Take the myFICO Fitness Challenge
Message 1 of 2
1 REPLY 1
guiness56
Epic Contributor

Re: Age of negative items

Depending on the negative.  A single 30 day late hurts for far less time than say a CO.   Collections older than 2 years old probably have less impact on your score, though they will continue to hurt until they are gone.

Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.