cancel
Showing results for 
Search instead for 
Did you mean: 

How much are "old" lates affecting my score?

Frequent Contributor

How much are "old" lates affecting my score?

Hi everyone.  I have some old lates on my CRs and am wondering how much of an impact they're having.  On a paid Americredit auto loan I have 4 30-day lates from 2006 and on a paid Volkswagon Credit loan I have a few from 2003 & 2004.  I sent out GW letters to both asking them to remove the lates but just wondering what kind of damage the older ones are doing.
 
Thanks!
3 REPLIES
Valued Contributor

Re: How much are "old" lates affecting my score?

I've heard they have little affect after 2 years...
Super Contributor

Re: How much are "old" lates affecting my score?

My last baddie, a 6.75 year old collection, dropped off and I gained more than 50 points
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Valued Contributor

Re: How much are "old" lates affecting my score?

Probably because it was your last baddie...most do see a big score increase when their last baddie comes off...Congrats though!!!