Federal Tax Lien Satisfied/Released

[Anonymous]

Federal Tat Lien on CR updated to say satisfied/released how many points will my fico sore go up?

[MarineVietVet]

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@Anonymous wrote:

Federal Tat Lien on CR updated to say satisfied/released how many points will my fico sore go up?

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No one can accurately predict wnat will happen. Much depends on what remains on your reports. If there are no other derogatories reporting, if your utilization on revolving accounts is low (1-9%), if your payment history is long and clean you should see a bump but how many points remains to be seen. You'll know soon enough.

From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
6/10 TU -772

You can do the same thing with hard work

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[guiness56]

Your score will probably not go up at all.  Satisfied/Released only means it has been paid.  Tax liens stay for 7 years from date paid.

If it was counting in your utilization and the amount was large, you may see a small increase.  The points lost for the lien itself may outweigh what you may get if paid.