Foreclosure gone

Anonymous — Wed, 24 Jun 2015 01:25:49 GMT

I have a foreclosure that its supposed to be gone this summer. Today i notice that it was removed from transunion. I didn't receive an alert but my fico score was updated today with no improvement after the removal. Is there a reason why?

Re: Foreclosure gone

cem13 — Wed, 24 Jun 2015 02:39:58 GMT

@Anonymous wrote:
I have a foreclosure that its supposed to be gone this summer. Today i notice that it was removed from transunion. I didn't receive an alert but my fico score was updated today with no improvement after the removal. Is there a reason why?

When negative items age, their impact on your score reduces over time; especially after the magical 2 year mark. So after 7 years, the impact should be minimal. I would have guessed a 0-5 point bump. No change does not surprise me at all.

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Foreclosure gone

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