Just wondering if anyone has ever experienced any postive FICO score gains when a major derog turns three years of age, meaning that the issue was settled and no longer reporting - just sitting and aging? I went through a foreclosure that became final, began to show $0 balance and stopped updating in about July of 2012. I was just wondering if there could be anything positive coming score wise when this major baddie hits 3 years of age? I know I will feel the pain for the entire 7 years, however hoping that maybe a tiny bit of sting goes away on certain anniversary's??
Thanks!
Year 2012: All Scores in the 520 range, during a foreclosure, CC Settlement and high UTIL. Very ugly days...
April 2024: EX8: 839; EQ8: 845; TU8: 842 -- Middle Mortgage Score: 822
In My Wallet: Discover $73.7K; Cap1 Venture $51.7K; Amex ED $38K; Amex Optima $2.5K; Amex Delta Gold $18K; Citi Costco $24.5K; Cap1 Plat $8.4K; Barclay $7K; Chase Amazon $6K; BoA Plat $21.6K; Citi TY Pref $22K; US Bank $4K; Dell $5K; Care Credit $6.5K. Total Revolving CL: $300K+
My UTIL: Less than 1% - Only allow about $20 a month to report, on one account. .
