07-15-2012 08:32 AM
don't want to keep sending GWs if these don't matter much. both accounts are positive otherwise. just want to know what is considered "recent" to FICO for reference. thank you!
status is open (though it's really not) with 0 balance
two 30-day lates, one in 2008 and one in 2009
closed with 0 balance
one 60-day and three 30-days all in 2008
07-15-2012 10:51 AM
"Recent" is pretty much defined by who's evaluating our credit.
I wouldn't give up on WFNNB. You do read posts here where people had success.
07-15-2012 02:02 PM
For FICO scoring purposes, I certainly would not expect a 4-year old 30-late to have any significant scoring impact, individually.
I would speculate that it is more the presence of multiple delinquencies than the individ impacts that would raise questions in a manual review.
I would suspect that, with scores in the low 600's, something else is having a more significant impact.
What other derogs are reporting, and what is current utilization?
07-15-2012 02:05 PM
From a purely FICO scoring standpoint, "recent" is less than two years old.
07-15-2012 03:15 PM - edited 07-15-2012 03:17 PM
i have other baddies so i know these aren't why my scores are low. i just think i could get things done if i focus on the important stuff because it's a little overwhelming!
i have 1% util and no lates for a few years now so i really need to clean up my credit report if i want to get that score up!
07-15-2012 03:40 PM
What are the other baddies?
07-15-2012 05:41 PM
4 Citibank private student loans totalling 45K (govt loans rehabbed) due to drop off January 2017
(I'm sure I'll have to beg for a repayment plan for this one)
Macys due to drop off May 2015, no CA
out of SOL
BMW Financial balance of repo due to drop off March 2017, no CA
SL direct from the university due to fall off June 2015, no CA
$7,948 with $2,806 past due
DSNB Macys Visa due to drop off May 2015, no CA on CR
outside of SOL
$3,436 but got an offer from CA for 50%
Chase CC CO
out of SOL
CA is off my CR (don't know why or how but not complaining)