Hi everyone!
I had 2 baddies recently removed from my TU CR - my score went from 632 to 641. One was ~6 yrs old (2011ish), and the other was about 2 years old (2015).
In the interim, I app'd for AMEX Everyday & was approved - $1K CL!
I already have Cap 1 QS, Cap 1QS1, Macy's, Zales and a CU credit card in my wallet. I also have a LOC with my CU.
I have a bunch of student loans in good standing, and a couple with dings
I have an ACS/WF student loan on my TU CR that was opened 5/2011, and due to be removed 11/2017.
7- 120 day lates
1-90 day late
1-60 day late
Thanks to the forums, I learned about early exclusions, so I took a shot since the removal date is 6 months away.
A little while ago, I called TU and spoke with an awesome gentlemen that confirrms that the account is going to be removed, and I should receive an updated report in 7-10 business days - Yay!!
***Will this old baddie being removed now be on any benefit to my score? Or, is it so old that it is no longer even a factor in scoring....? On a manual review, I know it will look better once it is gone.
***Does anyone know how long it may take after an early exclusion for the score to be updated? (I don't trust their word lol)
I have 1 paid settlement from Fair Collections & Out that is due to fall off in 2019 (SHOULD I TRY TO GW??), and 1 collection that I am going to be paying soon.
Aside from that I have other student loans that are in good standing, and 2 inquiries. No public records. 1 -financed car, and 1 leased car that is being turned in next month.
I am aware that baddies normally effect your credit for 2 years, so I am not expecting my score to jump significantly, but I'll take crumbs until I get to the loaf! lol!
My CCT scores as of 4/25/17: EX 648 - TU 632 - EQ 654
My CCT scores as of 5/17/17: EX 648 - TU 641 - EQ 655
Thank you for any assistance!
****UPDATE: Today, I requested & received a Macy's CLI from $1k to $2500 - soft pull 
))
@iamdetermined wrote:Hi everyone!
I had 2 baddies recently removed from my TU CR - my score went from 632 to 641. One was ~6 yrs old (2011ish), and the other was about 2 years old (2015).
In the interim, I app'd for AMEX Everyday & was approved - $1K CL!
I already have Cap 1 QS, Cap 1QS1, Macy's, Zales and a CU credit card in my wallet. I also have a LOC with my CU.
I have a bunch of student loans in good standing, and a couple with dings
I have an ACS/WF student loan on my TU CR that was opened 5/2011, and due to be removed 11/2017.
7- 120 day lates
1-90 day late
1-60 day late
Thanks to the forums, I learned about early exclusions, so I took a shot since the removal date is 6 months away.
A little while ago, I called TU and spoke with an awesome gentlemen that confirrms that the account is going to be removed, and I should receive an updated report in 7-10 business days - Yay!!
***Will this old baddie being removed now be on any benefit to my score? Or, is it so old that it is no longer even a factor in scoring....? On a manual review, I know it will look better once it is gone. 60 day lates+ affect Fico the entire time they are on file. The largest boost in score happens when the last derog is removed.
***Does anyone know how long it may take after an early exclusion for the score to be updated? (I don't trust their word lol) Scores are generated on the fly so any change in info has the potential to change your score.
I have 1 paid settlement from Fair Collections & Out that is due to fall off in 2019 (SHOULD I TRY TO GW??), and 1 collection that I am going to be paying soon. Yes GW is a good idea.
Aside from that I have other student loans that are in good standing, and 2 inquiries. No public records. 1 -financed car, and 1 leased car that is being turned in next month.
I am aware that baddies normally effect your credit for 2 years, so I am not expecting my score to jump significantly, but I'll take crumbs until I get to the loaf! lol! 30 day lates are the only thing that tend to affect Fico scores for only 2 years everything else will affect it the entire time they are on file.
My CCT scores as of 4/25/17: EX 648 - TU 632 - EQ 654
My CCT scores as of 5/17/17: EX 648 - TU 641 - EQ 655
Thank you for any assistance!
****UPDATE: Today, I requested & received a Macy's CLI from $1k to $2500 - soft pull
