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Old charge off

Contributor

Old charge off

An old first premier CO aged off TU. I checked my CK And my FAKO dropped 9 pts.
Starting 8/12 EQ- 522, TU 542. Current 5/14 EQ-664 TU-686 EX-unk
Goal to keep building up my credit.
2 REPLIES
Valued Contributor

Re: Old charge off

   It is probably because your fako score is being effected negatively because you have one less account. CreditKarma scoring models want you to have 21 tradelines for an optimal account with is very different that the fico models. It takes up enough time and effort trying to figure out the fico model. Don't waste time and energy trying to figure out the CK fako model. It is almost completely irrelevant to your fico score.

Contributor

Re: Old charge off

Thank you. Hopefully when I get my real FICO it will have went up.
Starting 8/12 EQ- 522, TU 542. Current 5/14 EQ-664 TU-686 EX-unk
Goal to keep building up my credit.