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Define what “affects your score less over time” means!

Established Member

Define what “affects your score less over time” means!

About a year and a half ago I missed 5 payments on my Bank of America card and they settled for about 40% of the balance, which I paid. They called me to offer this. I wanted to do the same with my Capital One card, which I was 6 payments behind on at the time. I stayed behind by 6 payments for several months due to financial problems.. However, they never settled and continued to threaten a charge-off. I eventually worked very hard and brought the account current. When I did, my Experian score jumped 61 points, to 643.


All the websites say that the bad past due history will affect your score less over time. However, it has been 8 months now of never missing a payment, and my score hasn’t gone up a single point. What exactly does this comment mean, less over time, and what do you think I can expect? I thought that my score would have gone up a little now, based on a 61 point increase all at once when I became current. Perhaps I am already getting the maximum number of points allocated for current vs. past due status? Can you please help me to understand this? I desperately want to get my score into the 700’s!! Thank you!

Message 1 of 3
Senior Contributor

Re: Define what “affects your score less over time” means!

You may get a few more points when all of the late payments are more than one year old.


I think that the best improvement in the near future for you would be to reduce both your overall and individual utilization.

Gardening for at least the last hour or so....
Zero percent financing is where the devil lives...
10/01/17 Fico8 scores: EX 660, EQ 647, TU 663
01/01/18 Fico8 scores: EX 655, EQ 661, TU 650
Message 2 of 3
Valued Contributor

Re: Define what “affects your score less over time” means!

Also, since you are looking at an EX score, you are probably looking at a FAKO score and following FAKO advice.


30 and 60 day lates will have much less effect after a year. 90 day late or worse will decline in effect much slower and probably hurt until they drop off at 7-7.5 years.

Message 3 of 3