topic Re: DEROGATORY LATES in Understanding FICO® Scoring

DEROGATORY LATES

Anonymous — Thu, 18 Oct 2007 00:17:22 GMT

QUESTION:

I HAD MY IDENTITY STOLEN AND THIS RESULTED IN 17 RECENT DEROGATORY LATES ON ONE ACCOUNT. THEY ARE IN THE PROCESS OF BEING REMOVED, HOW MUCH WILL MY SCORE RISE? EXACT NUMBERS IF POSSIBLE FOR ALL 17 REMOVED AT ONCE.

Re: DEROGATORY LATES

haulingthescoreup — Thu, 18 Oct 2007 09:09:00 GMT

No one can do an "exact calculation," even if they knew exactly where you are starting from. Don't know your current scores, any baddies that are actually yours, what kind of credit you have etc., so no one can do the math with this little information. I would think that the score jump would be big, if the lates are truly recent.

(moved over from initial posting)

Re: DEROGATORY LATES

fused — Fri, 19 Oct 2007 02:17:01 GMT

DSILVA8 wrote:

QUESTION:

I HAD MY IDENTITY STOLEN AND THIS RESULTED IN 17 RECENT DEROGATORY LATES ON ONE ACCOUNT. THEY ARE IN THE PROCESS OF BEING REMOVED, HOW MUCH WILL MY SCORE RISE? EXACT NUMBERS IF POSSIBLE FOR ALL 17 REMOVED AT ONCE.

How late, 30 days, 60, 90, 120+? Recent? I assume they are all less than 2 years old?