topic Re: Dirty Bucket Max Score attempt in Understanding FICO® Scoring

Dirty Bucket Max Score attempt

newmomnewme — Wed, 12 Aug 2020 16:41:30 GMT

I have the following baddies on my report:

Paid Collections - until 12/2023

NCA 11/18
NCA 12/18

Charge Off - until 12/2023

Rise Loan closed (transferred to NCA) 3/17

Lates

NFCU Visa (30) 8/18
Paid PSECU Auto Loan (30) 7/17 and 8/17 - until 12/2024
Rise Loan (30) 1/17 and 2/17 (TU ONLY)
Macys (30) 6/15

If I am going to be in the dirty bucket for a while, I just want my score to be as high as possible. Is it even reasonable to think I can get to 720+ morgtage score?

In addition to the baddies, my overall Revolving UTIL across 12 TL was 77% on EQ and 83% on TU and EX....this month I will paid half of the total balance and only 3 of the 12 will carry high balances until my September paydown. I want to see how this reports, before I decide what to pay next.

Re: Dirty Bucket Max Score attempt

Anonymous — Wed, 12 Aug 2020 19:11:33 GMT

Well, I think a decent score with lates is possible. I have 8 student loans with 2 separate 90 day lates and my scores are pretty decent. My mortgage scores are 802, 727 and 718. I have worked to maximize all other areas that i have control over until they age off. Right now I'm on the countdown as one falls off in December and the other next year.

In your case, since you're going after mortgage scores, it seems you can try /continue to try goodwill deletions for whatever's paid / late. Also continue getting that utilization down. And make sure you have a good credit mix. Do you have an installment loan? It just takes time. Good luck!

Re: Dirty Bucket Max Score attempt

Anonymous — Wed, 12 Aug 2020 19:39:02 GMT

@newmomnewme wrote:
I have the following baddies on my report:
Paid Collections - until 12/2023
NCA 11/18
NCA 12/18
Charge Off - until 12/2023
Rise Loan closed (transferred to NCA) 3/17
Lates
NFCU Visa (30) 8/18
Paid PSECU Auto Loan (30) 7/17 and 8/17 - until 12/2024
Rise Loan (30) 1/17 and 2/17 (TU ONLY)
Macys (30) 6/15
If I am going to be in the dirty bucket for a while, I just want my score to be as high as possible. Is it even reasonable to think I can get to 720+ morgtage score?

In addition to the baddies, my overall Revolving UTIL across 12 TL was 77% on EQ and 83% on TU and EX....this month I will paid half of the total balance and only 3 of the 12 will carry high balances until my September paydown. I want to see how this reports, before I decide what to pay next.

I am in a dirty bucket with EQ and TU. Currently both my mortgage scores sit above 750 with a 90+ late from Jan 2016.

Re: Dirty Bucket Max Score attempt

newmomnewme — Wed, 12 Aug 2020 19:56:19 GMT

@Anonymous Thank you for replying so quickly. Yes, I have tons of student loans, an auto loan, and 3 signature loans....my credit mix-very good, age-excellent, new accts- good, pymt history- good/very good, Utilization - Poor on all three.

I just want to have realistic expectations....I'm afraid to throw every last penny into my consumer debt and miss the opportunity to purchase a home because I was chasing the impossible score.

I have tried and tried GW, holiday greeting cards, complaints, disputes....NCA is super rough.

My scores will update in a few weeks and I'll update this thread. Thanks again.

Re: Dirty Bucket Max Score attempt

newmomnewme — Wed, 12 Aug 2020 20:02:42 GMT

@Anonymous Are you still in the dirty bucket?!?! I think my collections are major derogs though and worse than a 90 day late....they are older and more severe I think.

idk, so just want 720 for now....the rates are so much lower than 640 rates

Re: Dirty Bucket Max Score attempt

Anonymous — Wed, 12 Aug 2020 20:07:31 GMT

@Anonymous would you mind sharing relevant details, inquiries, utilization, mix, age? Your scores are great!!!

Re: Dirty Bucket Max Score attempt

Anonymous — Wed, 12 Aug 2020 20:59:22 GMT

@Anonymous wrote:
@Anonymous would you mind sharing relevant details, inquiries, utilization, mix, age? Your scores are great!!!

Experian

F2 Score: 768

F8 Score: 757

F9 Score: 762

Student Loan (10 months after refi), Car loan (10 months), 8 cards, 7 revolving.

AAoA: 30 months

AoYA: 9 months

Util: 2%

AZE2

EQ (dirty)

F5 Score: 773

F8 Score: 735

F9: 779

Includes original loan where Jan 2016 90+ hit.

Student Loan (10 months after refi), Car loan (10 months), 8 cards, 7 revolving.

AAoA: 84 Months

AoYA: 9 months

Util: 2%

AZE2

TU (dirty)

F4 Score: 753

F8 Score: 740

F9 Score: 745

Includes original loan where Jan 2016 90+ hit

Student Loan (10 months after refi), Car loan (10 months), 8 cards, 7 revolving.

AAoA: 84 Months

AoYA: 9 months

Util: 3% (not sure why this didn't match...might be due to when I pulled the scores)

AZE2

Re: Dirty Bucket Max Score attempt

Anonymous — Thu, 13 Aug 2020 00:22:36 GMT

@Anonymous wrote:
TU (dirty)
F4 Score: 753
F8 Score: 740

When I was dirty on TU with a 90 day late around 3 years old I was able to get up to a F8 score of 768. At the time I wasn't tracking my mortgage scores, so I have no idea what my F4 was. If F4's tend to run a little higher than F8's for someone with a 90D and scores in that ballpark, it's feasible that my F4 was 770-780 I suppose while dirty.

Re: Dirty Bucket Max Score attempt

newmomnewme — Thu, 13 Aug 2020 00:33:38 GMT

@Anonymous Thank you! Y'all give me some hope! My TU mortgage score is the highest...not by much, but highest. Honestly I'd be happy as can be with a 720. I promise to report back. We shall see.

Re: Dirty Bucket Max Score attempt

Anonymous — Thu, 13 Aug 2020 02:31:37 GMT

@Anonymous wrote:
@Anonymous wrote:
TU (dirty)
F4 Score: 753
F8 Score: 740

When I was dirty on TU with a 90 day late around 3 years old I was able to get up to a F8 score of 768. At the time I wasn't tracking my mortgage scores, so I have no idea what my F4 was. If F4's tend to run a little higher than F8's for someone with a 90D and scores in that ballpark, it's feasible that my F4 was 770-780 I suppose while dirty.

I imagine I will hit that soonish. I have some inquiries that will stop hurting me in November. EX thinks it'll help me get to 790 on clean. So hoping similar as TU is my most beat up on INQs (thanks US Bank and Chase)

Re: Dirty Bucket Max Score attempt

Anonymous — Thu, 13 Aug 2020 04:59:52 GMT

I'm dirty and my mortgage scores are lower than my Fico 8s except my EX mortgage which i don't know why is 808;

Anyway, @newmomnewme do let us know how you're looking next month with the pay down. @Anonymous when will you be clean?

Re: Dirty Bucket Max Score attempt

Anonymous — Fri, 14 Aug 2020 20:22:38 GMT

@Anonymous I won't be clean until Jan 2023 for TU and EQ. That's what is the ceiling for those two right now. Either way, it looks like I am gonna achieve what I need with the mortgage stuff (3.125% is where we are quoted, but I'll lock in the rate in afew days since we are a few days outside of 60 days). The rumor is also that 760+ got me higher on their risk based scale for costs.

Always frustrating when a student loan thing from when you were far dumber keeps haunting you.

Re: Dirty Bucket Max Score attempt

Anonymous — Sat, 15 Aug 2020 00:59:04 GMT

So true! Hoping some relief is on the way.

Re: Dirty Bucket Max Score attempt

Charmante — Sat, 15 Aug 2020 05:39:44 GMT

Dang. I forgot about a 60 Day late on ONE Cap1 card in 03/2019...

In February that 60 Day Late will be my ONLY flaw...

Will I still be on a Dirty Card?!

For how long...?

Re: Dirty Bucket Max Score attempt

newmomnewme — Sat, 15 Aug 2020 21:32:42 GMT

@Charmante I think your lone late will lose its sting by March 2021? I saw a 9pt jump on each of my mortgage scores when my 30 day late turned 2 years old.

Re: Dirty Bucket Max Score attempt

Charmante — Sat, 15 Aug 2020 21:44:24 GMT

@newmomnewme it's actually a 90 day late.

I've BEGGED them to remove it.

Cause I honestly have NO idea HOW it happened... It is (and was) on AutoPay... I have not scheduled a payment... Somehow it was paying perfectly, then somehow defaulted, then (without my intervention) kept paying until paid off...?

I never checked on it cause it didn't need baby-sat... Or shouldn't have...?

Here is a screenshot...

Re: Dirty Bucket Max Score attempt

newmomnewme — Sat, 15 Aug 2020 21:52:36 GMT

@Charmante I'm assuming you already tried the CEO email to see if the EO office can help any?

Either way, I think the 24 month mark gives you points back for any lates. We're you trying to purchase a home before then?

Off topic: were your Macy's CLI SP?

Re: Dirty Bucket Max Score attempt

Charmante — Sat, 15 Aug 2020 22:24:32 GMT

CEO email? Like the LITERAL Chief Executive Officer...? Lol No... Explain please!

OMG... Macy's has been AMAZING...

DETAILS:

Opened 03/10 @ $300

04/11 CLI to $2,800

05/12 CLI to $5,300

06/13 CLI to $10,000

07/27 CLI to $16,000

ALL have been SP... Only made ONE purchase, on opening date, for $264 and have it on AutoPay @ $50 payments...

I'm going to call 08/28 and ask to hit $25,000.

Re: Dirty Bucket Max Score attempt

newmomnewme — Sat, 15 Aug 2020 22:33:33 GMT

@Charmante PM you the email address now. I am going to try Macy's tonight. I need a more cushion to help with my UTIL.