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Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Score Bump

Starting to see some results now to my Fico Scores....  I have had 3-7, depending on the CR, baddies off from GW's, and today I noticed that I have a 6 point rise in EQ.  There was only 2 things, but hey its 2 things off there now.  The biggest winner was TU, I am now up to 551, it was 503.  Woohooo...  What was also interesting was that I had a repo/or was given back when my BK was filed last year, suddenly taken off my CR.  I did call them to see if they do GW earlier in the week and she was like no they don't so I was like ok....I am sooo thankful that it looks like they did take it off my CR (all 3 of them)  So now I only show 2 Auto loans that where paid ontime and closed a while back.. This is prolly a dumb question, but lenders CANT see whats not on there right?  So, if its not on this report, they don't have it showing on some "special" report they get pay for and see right?  

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: Score Bump

A lender can see things that are not reporting if it is credit or insurance for $150,000 or more or your employeer if your annual income is $75,000 or more.  They have to ask for these files, it is not automatic and it is rare that they would.  But, they can.

Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Score Bump

oh and 1 more thing, these scores are all from just trying to clean up/GW my CR.  There is NO open Credit Cards right now.  I am super excited/anxious to see what my scores will do late next week as my 2 new Cap1 cards should hit the reports for the first time with 6%  hoping for a big bump!

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Score Bump

Guiness, and certainly others,  you have been super helpful ever since I starting reading/posting on myfico.  TY!  Since I am essentially not using the 30% from open Credit card Util (for now) once those cap 1 cards start reporting, by the end of next week, could I possibly get close to or just over 600?  

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: Score Bump

You might.  When a new TL reports it could go either way.  Your AAoA will be adjusted and you might lose a point or two.  It is really hard to say.

Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Score Bump

Hmm....Ok, I appreciate it!  another question, according to CK, this is what I see for AAoA:

 

 

Average Age of Open Credit Lines:14 Yrs 5 Mos

Oldest Tradeline:14 Years 5 Months

 

So it looks like I have basically 14 years of Credit under my belt.  That makes sense as I am almost 33 and those student loans started right after I turned 18 and in college.  On my TU (and pretty much all of them) I have 18 Total accounts W/O the 2 new cards from cap 1.  After totaling up ALL the accounts (open and closed) it gives me 123 years.  So I take 123/18= 6.83  So AAoA is rounded down to 6 years right?   ADDING the 2 new cards for a 0 and 0 years, thats 123/20= 6.15 years  so AAoA would still be 6 years.  Did I do that right?  So I would guess I really won't take to big of a hit.

EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Frequent Contributor
Deltadog03
Posts: 345
Registered: ‎02-14-2013
0

Re: Score Bump

Update, I know it's a Fako from Experian,but I noticed that a collection was removed today from there and that now only leaves 1 left! I still have some old baddies, but collections are almost all off there through GW!! It gave me 26 points and brings me up to 628 with there plus score. EX usually, or has so far, been the first to show the changes then EQ and TU follow after that.
EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)

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