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Contributor
Posts: 84
Registered: ‎09-12-2012
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Waiting game

My Fico scores are currently EQ 555 and TU 569. I have 4 charge-offs aging off this year.  I am hoping for a large score boost. I have paid my SL, CC, and car loan on time  all 2012. I opened the car loan and CC in Jan 2012.  I am working on removing 2011 medical debts-Paid. Any guesses on my score boost? My SL have been current for 2  yrs.             

I have 120 day lates before 2010 on SL. How much are these hurting me?

Starting 8/12 EQ- 522, TU 542. Current 5/14 EQ-664 TU-686 EX-unk
Goal to keep building up my credit.
Super Contributor
Posts: 9,674
Registered: ‎01-28-2010
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Re: Waiting game

The 120 day lates are certainly hurting your FICO® score, but it's hard to predict how much your score will improve after the CO accounts fall off. I would recommend sending GW requests on all of your lates if you haven't already.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Valued Contributor
Posts: 3,302
Registered: ‎06-09-2010
0

Re: Waiting game


pizzadude wrote:
The 120 day lates are certainly hurting your FICO® score, but it's hard to predict how much your score will improve after the CO accounts fall off. I would recommend sending GW requests on all of your lates if you haven't already.

+1 

 

120 day lates are a major negative that can take 5-7 years before you notice much score improvement from those late payments.

 

Also agree its hard to predict since you have other major negatives still on your reports. 

Good Luck
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