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Regular Contributor
Posts: 199
Registered: ‎11-23-2011
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Weight of 30 Day Late: FICO vs. FAKO

Hey,

 

So I am been trying to improve my credit and was finally able to get my college to remove a 30 day late payment on a loan from April 2011. Because I don't have access to my EXP FICO score, I wanted to know if guys think my score will increase more than my FAKO score went up. I know its extremely hard to calculate, and I am probably wasting everyone's time, but I was hoping for like a 50 pt increase since 30 day lates usually cause one's scores to drop said points. 

 

I checked my FAKO PLUS score, and it went from 669 to 682. I was kind of hoping for more points. Do you guys think that FICO will be a little more generous since payment history is extremely important? Thanks guys!!

 

 

My Wallet: Amex Plat, Amex ZYNC, Amex BCE: 3k, Barclays iTunes: 3k, Discover IT: 7.5k, Citi Diamond: 1.8k, Capital One Secured: 750

Scores: EX: 727 EQ: 740 TU: 728
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Senior Contributor
Posts: 4,336
Registered: ‎09-06-2008
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Re: Weight of 30 Day Late: FICO vs. FAKO

With such a recent late payment being cleared, I would imagine you would get some nice points, but I don't know if it will be 50 or so.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Regular Contributor
Posts: 199
Registered: ‎11-23-2011
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Re: Weight of 30 Day Late: FICO vs. FAKO

Thanks! I just checked my Trans FICO score (which has the exact same information) and it went from 666 -> 693. I'm hoping my EXP score is similar. I have a lot more Inqs on EXP, however this trans score is reporting a util of 31% (incorectly factoring my AMEX), so hopefully the scores are similar. I really want to apply for the Zync next week. 

My Wallet: Amex Plat, Amex ZYNC, Amex BCE: 3k, Barclays iTunes: 3k, Discover IT: 7.5k, Citi Diamond: 1.8k, Capital One Secured: 750

Scores: EX: 727 EQ: 740 TU: 728

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