Cavalry falling off in Aug

[Anonymous]

Wondering how this works.. Cavalry will be the last CO on my report. It's paid, reporting 0 balance. I've heard people say they get quite a point jump when their last CO falls off...

Doesn't this contradict the other view that collections that old (at/near 7 years) don't hurt your score anymore? Which is it? Is it not hurting my score anymore, or am I going to see a point rocketship when it falls off??

[Anonymous]

Is it a charge off or collection?

A charged off account may boost scores quite a bit if it is figuring into utility and updating monthly.

I have only seen very small increases myself for collections being removed.

[Anonymous]

It's a collection.. old Spring cell bill. ...my last collection.

[Anonymous]

I would not expect too much since it's pretty old. I know I have not seen many point increases even for some that were only 2 year's old.

[MidnightVoice]

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stef37 wrote:

I would not expect too much since it's pretty old. I know I have not seen many point increases even for some that were only 2 year's old.

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When my collection fell off (after 6.75 years) I got a 50+ point increase.  It was my only derog, and that was the average of 3 different CRs

[Anonymous]

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MidnightVoice wrote:

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stef37 wrote:

I would not expect too much since it's pretty old. I know I have not seen many point increases even for some that were only 2 year's old.

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When my collection fell off (after 6.75 years) I got a 50+ point increase.  It was my only derog, and that was the average of 3 different CRs

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Wow!! I certainly was not so lucky. I gained at most 10 points for 4 being deleted at one time. I must be in a different scoring bucket. Short history and I have one pd collection left that is a bit over 2 yrs old.

[MidnightVoice]

It was the ONLY derog on any of the reports!!  And my scores were in the low 700s when it dropped off

[fused]

Any other baddies? Lates, etc.? How hold and how severe (30s, 60s, 90s)? How about your revolving util? And your current scores?

[Anonymous]

IVY...I sent you a message regarding LVNV Funding..can you read it and get back to me...PLEASE>>>>