Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
Re: Fico Score Report
[ Edited ]

cfstr1 wrote:
Does any one know how long before the status goes from "bad" payment history to "not bad" payment history to "good" payment history. My TU payment history went from "bad" to "not bad" with the last score increase.

"Bad", "Not Bad" and "Good" are very subjective terms and entirely dependent upon your situation and goals. Everything is a situation.
One person might be trying to get a prime home loan, so they might be upset their FICOs are low 700s but they can't hit 720.
Another person might be climbing outta post BK Gehenna, so when they hit 600 they throw a party.
A TL is either "good" or "adverse" (another word for "bad" ).
Any late makes the TL adverse.

Message Edited by Noah_Bodie on 07-23-2007 03:08 PM