Understanding FICO® Scoring

[stone4779]

OK so I have these older (for me) Tradelines... 2 Student Loans opened 11/2003. Closed/Transferred

They both have lates payments loading up to the transfer. The most recent one is 8/2007 on each.

It goes

90 days late   5/06

120 days late 6/06

150 days late 7/06

then 180 days 8/06 all the way up to 8/07.

Its like that on both the student loans.

Those will be the very last negative items on my credit reports so I would like to remove them and have a squeaky clean report. Problem is, my file is kindof thin.

With the two student loans my AAoA is 3.76 Years

without them though it drops down to 1.81 Years only

Thats on Experian anyways.

On TU my AAoA is 4.75 with the student loans and 3.63 w/o them on there. So its not as bad on TU.\

So what would you rather have?

A squeaky clean thin file or a blemished(21 90 Day Lates 4 years ago) thicker file with more score potential in the future when the Lates age off in 2-3 years?

[MidnightVoice]

If I read it right thwey will drop off in a couple of tears, and you AAA will have gone up

[beamMEup]

OP - I'm a little lost on your question.

If you're wondering if you should goodwill these lates, then the tradeline may or may not be lost in the goodwill process.  It's always a risk you take with a goodwill letter.  Are you asking if you should goodwill these lates with the OC?