30 days late about to pass the 2 year mark -how will my scores react?

[Anonymous]

I've read that some got a 20 point jump when their 60 day late passed 2 year so I was wondering if anyone has had a 30 day late pass the 2 year did the score go up? And by how much?

I have two 30 days late in 07/2006 and will be 2 years next month.

Thanks.

[Anonymous]

Anecdotal evidence suggests you may get a bump of 5 to 15 points.

[Anonymous]

Cool, hope I get the 15 pts, it will put me 6 pts away from the 700 club.

Fingers crossed!!!

Thanks for the input!

[PayYouNever]

Annecdotal evidence is basically all you can hope for one this. I know that in February of this year, all of my Paid COs hit the two-year mark... I don't think the bumps were more than 10 points, because in March when I applied for a BofA Visa they declined giving me an unsecured card and offered me a partially secured card. Which I took, because it only cost $99 and I need to get rid of the Orchard Bank and 1st Premier cards that I have -- can't get more than one CLI PER YEAR with those cards... I haven't yet asked for a CLI on the partially secured card. And I probably won't get it until I've used the card for a couple months, paid it off in-full a few times, and then make the request.

Message Edited by PayYouNever on 06-19-2008 12:44 PM

[haulingthescoreup]

Odd as it my sound, I think that it's more helpful for a 30 to go over 2 years than a charge-off or other really serious baddie. A 2+ year old 30-day has almost no impact on FICO scoring in most cases, whereas a CO will continue to drive scoring.

[Anonymous]

i had 2 lates removed that were over 2 years old and it jumped my score +29 points. they were 30 and 60 day late back to back.

[haulingthescoreup]

A 60 or greater counts as a serious derog. Congrats! I have a 30-60-90 that looks like it will follow me to my grave.

[marty56]

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haulingthescoreup wrote:
A 60 or greater counts as a serious derog. Congrats! I have a 30-60-90 that looks like it will follow me to my grave.

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Mine is 4 years away.  Not my death mind you but the death of my 120 day late.  My luck I will log in to MyFico, see its is gone, jump up and break my leg.