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Regular Contributor
hautemama
Posts: 105
Registered: ‎11-14-2007
0

Question re: CR

Hello,
 
Just a question.. I have one or two accounts that are scheduled to drop off this year.  How long would it take for my credit report to reflect this change..?  I am contemplating when I should pull another credit report and score?  And trying to save money.. Would I even need to pull these if I have the Score Alert and CreditKeeper which allow me to keep track of my score and pull FAKO's?  My FAKO's are fairly accurate...
 
One additional question.  I have a few 30 day and 60 day lates on loans and a previous collection that are now a year old.  They are not willing to do a goodwill or PFD.. When will these have less of an effect on my credit?? Thanks!!
 
 
Super Contributor
MidnightVoice
Posts: 8,157
Registered: ‎03-25-2007
0

Re: Question re: CR

The score change will happen the day they drop off - when a 6.8 year old collection dropped off DWs, we goy a scorewatch email within days (and a 50 point increase  :smileyvery-happy:).
 
 
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emeritus
Timothy
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Question re: CR

While some other posters have said they did not see a jump after a year of perfect payments- 
 
I did see a significant change-
 
These will have less of an impact as time goes by-
Super Contributor
MidnightVoice
Posts: 8,157
Registered: ‎03-25-2007
0

Re: Question re: CR



Timothy wrote:
While some other posters have said they did not see a jump after a year of perfect payments- 
 
I did see a significant change-
 
These will have less of an impact as time goes by-



4 years of perfect payments sent my score soaring from 640 to 670  :smileyvery-happy:
 
Then I started getting serious.
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
Moderator Emerita
Community Leader
Epic Contributor
haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
0

Re: Question re: CR


MidnightVoice wrote:


Timothy wrote:
While some other posters have said they did not see a jump after a year of perfect payments- 
 
I did see a significant change-
 
These will have less of an impact as time goes by-


4 years of perfect payments sent my score soaring from 640 to 670  :smileyvery-happy:
 
Then I started getting serious.


That's because you were already approaching perfection, and you had used up all your points! Slackers like me have lots of potential still out there. :smileytongue:
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

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