cancel
Showing results for 
Search instead for 
Did you mean: 

GW? Or just leave it alone?

tag
bmblbg
Regular Contributor

GW? Or just leave it alone?

I have an old student loan TL on all 3 reports.  It was late one time, in 09/2006.  On both EQ and EX it is appearing as a potentially negative item.  I'm conflicted between asking for the GW since it's being considered a negative - or leaving it alone since it's so old and will be gone in under a year anyway.  Advice?

Mortgage Scores:
11/26/2018 EQ: 542 EX: 610 TU: 548
8/30/2018 EQ: 571 EX: 504 TU: 533
7/30/2018: EQ: 598 EX: 591 TU: 608
4/5/2018 EQ: 543 EX: 522 TU: 467
Message 1 of 5
4 REPLIES 4
Lasardo
Established Contributor

Re: GW? Or just leave it alone?

I would defiantly try a GW, it can never ever hurt to try!
CS 728- 01/13 from 554-12/11
Goal: 800
Message 2 of 5
Shogun
Moderator Emeritus

Re: GW? Or just leave it alone?

My opinion?  Leave it.  It's not hurting anything.  It's a minor derog that lost it's sting years ago.  It will fall off in a few months.,  Lates stay on for 7 years from their respective dates, there is no +180 days for them.  This is a positive TL that's old and adding to your AAoA.  You'd risk the chance of having the TL deleted.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 3 of 5
llecs
Moderator Emeritus

Re: GW? Or just leave it alone?


@Shogun wrote:

 You'd risk the chance of having the TL deleted.


+1

Message 4 of 5
bmblbg
Regular Contributor

Re: GW? Or just leave it alone?

Thanks for the input!  I think I'll let it sit for the time being, and keep working on the more damaging stuff!

Mortgage Scores:
11/26/2018 EQ: 542 EX: 610 TU: 548
8/30/2018 EQ: 571 EX: 504 TU: 533
7/30/2018: EQ: 598 EX: 591 TU: 608
4/5/2018 EQ: 543 EX: 522 TU: 467
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.