How do things age?

[Anonymous]

My 150 day delinquencies with Sallie Mae are about 10 months old.  Does my credit score improve slightly with each passing month as the delinquencies age, or will there be a small 'jump' in score when they have aged a full year?  Does anyone know just how aging works?  ALSO... I have heard the term "rebucketed"...what does that mean?  Thanks for your thoughts.

[Anonymous]

Yep-

You should go up a few points every month with clean payments

I saw a little bump at 12 months and I am eagerly awaiting my 2 year mark.

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heather76 wrote:

My 150 day delinquencies with Sallie Mae are about 10 months old.  Does my credit score improve slightly with each passing month as the delinquencies age, or will there be a small 'jump' in score when they have aged a full year?  Does anyone know just how aging works?  ALSO... I have heard the term "rebucketed"...what does that mean?  Thanks for your thoughts.

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[Anonymous]

Thanks for the info...know anything about rebucketing?  Is that a real thing, and if so, what is it?

[Anonymous]

Rebucketing=

There are currently 10 "Buckets or scorecards-

2 negative and 8 positive-

It breaks up peers based on similar characteristics

Age of file, applying for credit, public record, collections,

How you are assigned to the group is VERY  unknown and treated as a FICO trade secret- so there is no documentation .

[Anonymous]

ahhhh  I see....or rather I don't see.....hahaha!  In other words, I shouldn't bother troubling myself with this, I suppose.  Thanks!