BK removed but score dropped 24 points?

[BamBam2000]

My chap 13 was due to come off 6/10/2020. It came off EQ today, and EX a few weeks ago but my score dropped 19 and 24 points on each. Will I be getting that back soon? My EQ was 680 before this.

[FireMedic1]

That's because most negative accounts fall off your report seven years or so after any final payment or activity. But some Chapter 13 debts may show up on your report after the bankruptcy drops off. That's due to the three to five year repayment time frame.

[egghead88]

I had a similar experience. When my ch13 fell off my CR, my score dropped 17 points. My utilization dropped a week later and my score jumped 68 points, so keep the faith! 

[BamBam2000]

Well my utilization has gone from 80 to 53% in a month. . I was hoping at 680 the removal would bump me to the 700s. 

[BamBam2000]

***Update***

BK 13 finally removed from CRs. No significant score increase for me. 694-681-646.

Have to try and figure out the Experian of 646. They have 2 late payments reported on my student loans while I was in the BK13 which is hurting my payment portion of the score. My total utilization is 53% so I need to get that down soon. Hopefully I'll see 700 this summer.

[FireMedic1]

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@BamBam2000 wrote:

***Update***

BK 13 finally removed from CRs. No significant score increase for me. 694-681-646.

Have to try and figure out the Experian of 646. They have 2 late payments reported on my student loans while I was in the BK13 which is hurting my payment portion of the score. My total utilization is 53% so I need to get that down soon. Hopefully I'll see 700 this summer.

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Yepper. Get that util down. Once you pass 28% that will help. Then below 8% more help. If those lates are 90 or 120 days. They sting for the full 7 yrs. But at least the BK is gone now. Congrats!