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BK Starting to Drop Off (a Little Early)

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Tricky3
Valued Member

BK Starting to Drop Off (a Little Early)

My BK was filed June 02 2006 and has been reported properly on all the credit Reporting Companies since that time.  Yesterday I decided to check my score, since I was able to get all my cards I use for business travel paid to zero before their cycle (which is not always easy with expense reports).  On this report check yesterday I see that Experian has dropped my BK early!!  I have read in the past that some people experiance a "drop" in their score after the BK has been dropped.  I am happy to say my score when up!

Experian = 781

TransUnion = 727

Equifax = 719

All three have always been within 10 points of each other through out my checking.  I hope I get  a 50~60 point bump on the other two Smiley Happy

Message 1 of 11
10 REPLIES 10
DaveInAZ
Senior Contributor

Re: BK Starting to Drop Off (a Little Early)

Congratulations! Smiley Happy

.

Only 5 more years for me. Smiley Frustrated Well actually, 4 years and 9 months, but who's counting? Smiley LOL

Message 2 of 11
Anonymous
Not applicable

Re: BK Starting to Drop Off (a Little Early)

Congrats! A good feeling indeed! Smiley Happy

 

I'm waiting for mine 8 years and 11 months (maybe 8 years and 5 months if they do EE) but like Dave said, who's countingSmiley Very Happy

Message 3 of 11
TRC_WA
Senior Contributor

OPRe: BK Starting to Drop Off (a Little Early)

Grats OP... it's a good feeling.

 

My 13 fell off early last month... a month early of my April 1st, 2016 7 year date.

 

I saw 40-50 pts across the board...

FICO8 current as of : 4-17-24 EQ: 724 TU: 707 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24
Message 4 of 11
Scupra
Super Contributor

Re: OPRe: BK Starting to Drop Off (a Little Early)

Awesome news for you! Quite the increase as well Smiley Happy Congrats!!!

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
801 EQ FICO 06/2022
797 TU FICO 04/2022
793 EX FICO 04/2022
$30k NFCU Platinum | $30.7k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE | AMEX Gold | NFCU Platinum #2 $19.3k | Apple $8.5k
Message 5 of 11
Tricky3
Valued Member

Re: OPRe: BK Starting to Drop Off (a Little Early)

All reports now have my BK from June 2nd 2006 dropped!

Equifax  = 773 (+54)

Transunion = 780 (+52)

Experian = 784

Message 6 of 11
Creditwiser
Valued Contributor

Re: OPRe: BK Starting to Drop Off (a Little Early)


@Tricky3 wrote:

All reports now have my BK from June 2nd 2006 dropped!

Equifax  = 773 (+54)

Transunion = 780 (+52)

Experian = 784


That is awesome !  Congrats on the end of that era. Smiley Wink

NFCU Visa 30k | NFCU Platinum 30k | Cap1 QS 12K | Cap1 QS 11.5K | Barclay MC 9k | Delta Gold Amex 30K | Discover IT 14K | CFNA FS 3200 | CareCredit 20k| Paypal Credit 5k |
Message 7 of 11
aussiesareforever
Established Contributor

Re: BK Starting to Drop Off (a Little Early)

Congratulations. So envious of you. 19 months to go for me Smiley Happy

BK in January 2008---Barclay's Apple Financing Card ($10,000) --- Capital One Quicksilver ($13,000)--- Platinum Delta Skymiles ($35,000) --- GEMB CareCredit ($10,000) --- AUFCU ($10000)---Discover IT ($33,000)

Experian 835 Transunion 828-- August 2018
Message 8 of 11
FocusedAndDetermined
Senior Contributor

Re: OPRe: BK Starting to Drop Off (a Little Early)


@Tricky3 wrote:

All reports now have my BK from June 2nd 2006 dropped!

Equifax  = 773 (+54)

Transunion = 780 (+52)

Experian = 784


A tad late, but CONGRATS!!

Message 9 of 11
1Rebuilding
New Contributor

Re: OPRe: BK Starting to Drop Off (a Little Early)

Awesome!  Experian dropped my 2 negative accounts about 60 days earlier than the other two.

 

I can't wait!!!!  My Chapter 13 should be off this December.

Discharged Chapter 13 late 5/15. Starting my rebuild:
7/28/15 Fico 8: EQ 567-Trans 534-Ex 542-----8/28/15 Fico 8: EQ 632-Trans 622-EX 625
9/25/15 Fico 8 EQ 663-Trans 634-EX 645-----12/9/15 Fico 8: EQ 673-Trans 654-EX 663
2/17/16 Fico 8: EQ 670-Trans 658-EX 676-----3/4/16 Fico 8: EQ 686-Trans 667-EX 686
Message 10 of 11
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