topic TU Fico Score in Understanding FICO® Scoring

TU Fico Score

Anonymous — Mon, 25 Aug 2008 23:51:34 GMT

If I had 2 judgments and 2 CA taken off of my TU CR will I see a jump in my score and if so about how many.

I can't wait till CJ gets their $2500 account on there.

Re: TU Fico Score

haulingthescoreup — Mon, 25 Aug 2008 23:55:32 GMT

@Anonymous wrote:
If I had 2 judgments and 2 CA taken off of my TU CR will I see a jump in my score and if so about how many.

I can't wait till CJ gets their $2500 account on there.

Too many variables to tell.

Do you have any more collections or judgments still reporting? You don't get the serious score change until the last one of these falls off.

Re: TU Fico Score

Anonymous — Mon, 25 Aug 2008 23:58:22 GMT

I have 2 other judgments but they are paid. The judgments that were removed were not mine. I meant to say 3 CA were removed. I do have others but 1 is to fall off at the end of this year. And the others are on their until 2011.

Re: TU Fico Score

Anonymous — Tue, 26 Aug 2008 02:19:33 GMT

In the case of removing a judgment where multiple derogs exist, a lot depends on the spread between the individual entries. In any event, you have to nail the most recent entry for it to have any significant effect.

Let's say you have three judgments, from 11/07, 08/07 and 12/06. You get the one from November of last year removed. You probably won't see too much of a gain, because there's still a judgement from just a few months ago left.

If OTOH, the three are 11/07, 02/06, and 11/04, you would likely see more of an increase, because you've gone from seven months since the last major derog to 2.5 years.