topic Re: Finally, BK7 Free on all 3 Reports!! in Bankruptcy

Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Tue, 01 Feb 2022 11:25:08 GMT

This morning Equifax finally deleted my BK7 filed on 3/30/2012! I tried to get an early exclusion by calling them at the end of December of which they stated that they donot do EE (lies). Anyway, I then decided to try online by filing a dispute on 12/30/21 and asking for one; they did not answer until 01/28/22 and denied it. Only for it to fall off 4 days later on it's on; Equifax sucks! I know I was being impatient and could have waited the month since they made me wait anyway by not replying until 01/28/22! From what I've read here and on another board, Equifax usually drop BK7s on the 1st day of the month prior to the month of filing (in my case that would be 02/01/2022); so I impatiently just checked my Equifax credit before getting ready for work and sure enough it was GONE!!

In January of 2021, I noticed that TransUnion had the discharged month wrong and I disputed it and they deleted the entire BK7 over a year early. So it's been gone from my TransUnion report since January of 2021. December of 2021, Experian dropped it without me asking. I had planned to ask for an EE at the end of that month but they dropped it the 2nd week of Dec 2021 before I had a chanced to ask.

Re: Finally, BK7 Free on all 3 Reports!!

CH-7-Mission-Accomplished — Tue, 01 Feb 2022 13:10:31 GMT

@Caribsa89 wrote:
This morning Equifax finally deleted my BK7 filed on 3/30/2012! I tried to get an early exclusion by calling them at the end of December of which they stated that they donot do EE (lies). Anyway, I then decided to try online by filing a dispute on 12/30/21 and asking for one; they did not answer until 01/28/22 and denied it. Only for it to fall off 4 days later on it's on; Equifax sucks! I know I was being impatient and could have waited the month since they made me wait anyway by not replying until 01/28/22! From what I've read here and on another board, Equifax usually drop BK7s on the 1st day of the month prior to the month of filing (in my case that would be 02/01/2022); so I impatiently just checked my Equifax credit before getting ready for work and sure enough it was GONE!!

In January of 2021, I noticed that TransUnion had the discharged month wrong and I disputed it and they deleted the entire BK7 over a year early. So it's been gone from my TransUnion report since January of 2021. December of 2021, Experian dropped it without me asking. I had planned to ask for an EE at the end of that month but they dropped it the 2nd week of Dec 2021 before I had a chanced to ask.

Congrats! How much did each of your FICO scores jump on the various versions?

Re: Finally, BK7 Free on all 3 Reports!!

FireMedic1 — Tue, 01 Feb 2022 14:47:28 GMT

Congrats. But we want to know what was the score change?

Re: Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Tue, 01 Feb 2022 15:00:27 GMT

I have not pulled Equifax yet to see the score change but I gained 89 points when it dropped on Experian last month. I was shocked since I cannot believe that a 10 year old BK was affecting my credit by that much.

Re: Finally, BK7 Free on all 3 Reports!!

jayhawk05 — Tue, 01 Feb 2022 16:01:02 GMT

That's awesome! Congrats!

Re: Finally, BK7 Free on all 3 Reports!!

CH-7-Mission-Accomplished — Tue, 01 Feb 2022 16:47:31 GMT

@Caribsa89 wrote:
I have not pulled Equifax yet to see the score change but I gained 89 points when it dropped on Experian last month. I was shocked since I cannot believe that a 10 year old BK was affecting my credit by that much.

Holy SH*T! That's just amazing. I can't wait until I reach that point.

Re: Finally, BK7 Free on all 3 Reports!!

StevenMDG — Tue, 01 Feb 2022 17:30:54 GMT

My BK Chapter 7 was filed October 2012. Do you think im am still too early for an EE drop on any one the 3 CRA's? I think there is a thread in here somewhere that explains how to go about it but I cannot find the **bleep** thing. Congrtas BTW

Re: Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Wed, 02 Feb 2022 07:14:19 GMT

@StevenMDG - You will be lucky if you can get it deleted before September 1st from Equifax. I donot know when Experian deleted the BK in December (I have Experian IdentyWorks and they did not inform me that the BK fell off). Since Experian removed it on its own; yours will probably fall off by the 14th of July.

The regular Experian site is the one that alert me via e-mail on December 14th that my Fico score changed from Very Good to Exceptional. So when I received Experian Fico score alert, I knew what that meant beacuse my TransUnion Fico 8 without the BK7 has fluctuated in the low 800s all 2021 (808 to 820 - it's been holding steady at 820 the past 4 months). I had a feeling that the BK7 fell off since the Exceptional rating would mean that now my EX Fico is in the 800 range and that would be at least a 50 point gain (it was holding steady at 750 for a while but never above). I was not prepared for the 839 (19 points higher that my TU and BK7 has been gone since Jan 2021). I am assuming my Equifax score will now be in the 800s since it was 754 2 weeks ago with the BK7 still on file since the other 2 are in the 800s. I will post the score change for Equifax as soon as Citi updates in the next few days.

Re: Finally, BK7 Free on all 3 Reports!!

StevenMDG — Tue, 01 Feb 2022 21:34:45 GMT

Thanks for the info. I pay for Experian monitoring, but apparentley my account is flagged or something as it will not allow me to dispute online 🤷‍♂️. I called and got escalated to someone but they only said that they do not do EE and will not remove early and I will have to wait. I have been hovering around the 700-710 range and hoping when this drops finally i wil get the boost i want.

Re: Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Wed, 02 Feb 2022 06:58:40 GMT

I found my screenshots of my Fico scores from early 2021 when the BK7 was deleted over a year early by TransUnion in January of 2021. I actually gained 73 points; my Fico score went from 735 on 1/13/2021 to 808 on 2/13/2021.

Re: Finally, BK7 Free on all 3 Reports!!

FireMedic1 — Wed, 02 Feb 2022 11:03:40 GMT

Wow! Nice jump. Congrats!

Re: Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Thu, 03 Feb 2022 12:12:56 GMT

My final score. I gained 81 points from Equifax droping the BK7 (754 to 835). Here are my latest scores from all 3 credit bureaus as of today!

Re: Finally, BK7 Free on all 3 Reports!!

FireMedic1 — Fri, 04 Feb 2022 11:44:36 GMT

Nice. Congrats. Less than 4 for me. Bring it!

Re: Finally, BK7 Free on all 3 Reports!!

StevenMDG — Mon, 07 Feb 2022 23:44:58 GMT

So very weird I got TU to drop my Chapter 7 today. About 30 minutes later I got an alert that my TU score droped by 41 points. I was expecting that to be the opposite. Im hoping i should not count on Credit Karma but that seems very weird no?

Re: Finally, BK7 Free on all 3 Reports!!

Caribsa89 — Tue, 08 Feb 2022 06:17:16 GMT

@StevenMDG - That is weird. You should get your real Fico scores. Discover will give them for free Discover Free Fico . I have a Discover card but they also give it to non-card holders. When my TU dropped early I did not see my scores until the next month. It was deleted on 1/28/21. I was depending on a Discover update. My Fico scores for TU on 1/13/2021 was 735 and when Discover updated on 2/13/2021 it was 808. So give it a couple of weeks. Make sure to keep your utilization low. The most credit I ever use is 10%, that's about $4900 of my $49,800 credit line at the time and that was to purchase a trip to South Africa. I put it on a 6 month 0% purchase deal and paid it off in 4. I have sinced added the X1 Card as my 7th card bringing my CL to $71,300 (not yet reporting) I average around $1500 in credit card usage a month (gas, groceries, utilities, reatuarants, etc) and it's about 3% utilization for me and pay it off each month. Most time I only have 2 cards reporting balances out of 6; the other 4 usually reporting a 0 balance. The most that ever reports balance at the same time is 3. Now only 1 card is reporting a balance of $148 (montly charge for storage untit and iphone cloud storage) and that's because I am almost exclusively the past 2 months using the X1 card and it's not reporting to any credit bureaus. I owe about $798 so far this month but only the $148 is reporting.

Also, Fico scores are funny. I had 0 hard inquiry on all 3 credit reports until X1 pulled my credit on 12/22/21 (my 1st app since 08/2019). At the time my Experian score was 839 at a 3% utilization. Once the hard inquiry showed up, it decreases to 836, only go up to 840 the next week when my utilization fell to 1% since X1 is not reporting. That proved that a hard inquity, even a new one barely has any affect on ones credit scores.

Re: Finally, BK7 Free on all 3 Reports!!

RebuildinginSTL — Mon, 21 Feb 2022 03:53:54 GMT

That is amazing! Congratulations. I am surprised the CH7 was dragging credit down by 89 points as well after 10 years. Man, I guess I have 8 more years to look forward to that.

Re: Finally, BK7 Free on all 3 Reports!!

Dirge — Sun, 27 Feb 2022 10:36:13 GMT

StevenMDG, this is what I did for TU (copying and pasting from another post) for a CH7 bankruptcy filed on 6/30/12; I know that TU usually does EE on the first day of the month that's 6 months away. So for me, that should have been December 1, 2021.

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On Dec. 2 (I wanted to wait a day, after reading about first-of-the-month mishaps) I got online on TU's site and asked for an early exclusion of my BK7 which was filed in 6/2012. I was expecting some kind of "obsolete" choice, but I didn't see one. So I chose "incorrect date" and then in the note wrote that I was requesting an early exclusion. I looked at my email the next day, and they removed it!

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I did it online because I didn't want to have to explain it to someone on the phone.

I'll be trying this for Experian in April, I think.

Re: Finally, BK7 Free on all 3 Reports!!

ToofDoc — Mon, 28 Feb 2022 01:02:55 GMT

@Caribsa89 wrote:
My final score. I gained 81 points from Equifax droping the BK7 (754 to 835). Here are my latest scores from all 3 credit bureaus as of today!

So exciting! A whole new world is now for you to conquer except for Ukraine!