70 point increase in EQ in one day to 828! Never thought it would happen

[syeb]

I was shocked to say the least when I received a myFico alert that my EQ credit score increased by 70. Biggest point move I have ever seen. Then I realized that my one derog, a state tax lien from January 2011 had just dropped off at 5 years - I though it stuck around for 7 years.

So a >800 credit score, even if only at on CRA is great to see. For some reason the other scores are 763 and 750 so I guess EQ doesn't put as much weight on short history (<4 years) as the other two. I know that EX dropped the tax lien already while TU did not so it must be something else holding EX down.

[Anonymous]

Wow.. Amazing... Enjoy it.

[Anonymous]

Congrats! That's really interesting for a few different reasons. From my research EQ is usually the last to drop bads and none of them tend to do it 3 years early.  Are you in NY by chance? I know they have some added protections that allow things to be removed after 5 years, but  don't think that applies to tax leins. Tax leins and judgements seem to hurt the most so I'm not surprised that you saw 70 points after removing one, especially if it was the only bad thing on that report. 

[Anonymous]

I saw a similar bump when my state tax lien mysteriously vanished from TU.

[Anonymous]

I'm  envious! I'm hopeful that my EX & TU will break 800 this year. My EQ- not so much..

Congrats to you!

[Anonymous]

Ohhhhh... So looking forward to my two IRS tax liens coming off this week.  I don't know what to expect.

The anticipation is killing me.

[Anonymous]

This is the impact my tax lien has:

[Thomas_Thumb]

Thanks for the info.

Your info further supports the hypothesis that the factor statements disappear when score is less than 50 points from scale maximum.

[Anonymous]

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@Thomas_Thumb wrote:

Thanks for the info.

Your info further supports the hypothesis that the factor statements disappear when score is less than 50 points from scale maximum.

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To add to that, every time it has dropped below 800 the statements re-appear.

[syeb]

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@pdxgigi3 wrote:

Congrats! That's really interesting for a few different reasons. From my research EQ is usually the last to drop bads and none of them tend to do it 3 years early.  Are you in NY by chance? I know they have some added protections that allow things to be removed after 5 years, but  don't think that applies to tax leins. Tax leins and judgements seem to hurt the most so I'm not surprised that you saw 70 points after removing one, especially if it was the only bad thing on that report. 

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Yes I'm in NY and it was a NY State tax lien. I was completely surprised that it dropped off as I though tax liens remained on record for seven years.

First EX removed it a bit early in mid-December, then EQ removed it about on time. TU is holding out but they have a Jan 11, 2011 "filed date". And also a March 2011 "date". So I guess it will fall off either on the 11th of January or in March.