10-02-2012 12:41 PM
The 2 paid chargeoffs that I have with the same CU, (the one that is NOT responding to GW emails!) one from 2005 for $19.00 overdraft, (really?yeah,hmph) and the other from 2006. How bad are they affecting my report/score??
10-02-2012 05:35 PM
People on this forum have reported a 25 to 40 point bump to their scores when a 7 year old collection has aged off their reports. Of course YMMV.
10-02-2012 05:37 PM
THAT would be awesome. Though it does look like I still have quite a bit before they age off. And the CU is not responding to my GW efforts.
10-02-2012 05:41 PM
Are they the only baddies on your report?
Shouldn't the CO from 2005 be aging off soon?
10-02-2012 05:45 PM
They are definitely on life support. Should be aging off.
10-02-2012 06:03 PM
Other than the dispute with EX that is due results on the 12th, they are the only baddies on there. They are both paid. I would have thought at least the 2005 one would be gone, but it's still hanging on.
10-02-2012 07:44 PM
I beleive the longest it can stay on your report is 7.5 years from the date of first default. Is there a date specified on your report? You could then determine when it will age off.
10-03-2012 05:55 AM
+1 there should be an expected deletion date posted. That way you'd know when it would fall off.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO