Super Contributor
Posts: 9,674
Registered: ‎01-28-2010
Re: Paying off debt and FICO Score
[ Edited ]

JM-AM wrote:


As far as the late payments from back then if they are 30 and 60 day lates they are not impacting your score at all. If they are 90 and 120+ days late they can impact your scores for the 7 year time frame. So if only 30-60 day lates I wouldnt bother in my opinion, if 90-120+ days I would attempt it.

I would still pursue goodwill removal of lates even if they are only 30~day.   The impact of late payments does diminish over time, but 30 and 60 day lates can still hurt your FICO score even if they are more than a few years old.


March2010 FICO® ~ 695 TU, 653 EQ, 697 EX