topic How much of a bump? in General Credit Topics https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/831080#M148473 <P>After no lates payments for almost seven years my&nbsp;three baddies will be falling off this year.&nbsp; How much of a bump point-wise (if any) might I see in my credit score?</P> Sat, 29 Jan 2011 00:59:07 GMT Anonymous 2011-01-29T00:59:07Z How much of a bump? https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/831080#M148473 <P>After no lates payments for almost seven years my&nbsp;three baddies will be falling off this year.&nbsp; How much of a bump point-wise (if any) might I see in my credit score?</P> Sat, 29 Jan 2011 00:59:07 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/831080#M148473 Anonymous 2011-01-29T00:59:07Z Re: How much of a bump? https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/831182#M148486 <P>Once your CR is free of derogs, you will be re-bucketed to scoring under a "clean" credit file category.&nbsp;</P><P>This will take primary FICO focus away from paymwnt history, and place more focus on other FICO scoring categories.&nbsp; Next to payment history, utilization is the next most prominent scoring category.&nbsp; If you also get your % util down, those two together should result in a significant score increase.&nbsp; Putting a number on it is almost impossible, since FICO is a five category algorithm.&nbsp; But if you move from a dirrty to clean credit file, and get % util down to under, for example, 20%, then you are well on your way to substantial FICO growth.</P> Sat, 29 Jan 2011 04:20:16 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/831182#M148486 RobertEG 2011-01-29T04:20:16Z Re: How much of a bump? https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/832720#M148540 <P>This post actually depresses me!&nbsp; Ha... I have until April of 2014 until my 30 day late drops off.&nbsp; <img id="smileysad" class="emoticon emoticon-smileysad" src="https://ficoforums.myfico.com/i/smilies/16x16_smiley-sad.gif" alt="Smiley Sad" title="Smiley Sad" /></P> Mon, 31 Jan 2011 18:20:47 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/How-much-of-a-bump/m-p/832720#M148540 Anonymous 2011-01-31T18:20:47Z