So there was an auto loan that was 30 days late in 2006, and it was traded in and paid off... Ever since then its been reported at Current Status: Payment 30-60 days..
Well, today I checked TU and the tradeline has completed fallen off !!! Therefore my FAKO is now 776 and my FICO is now 754...
Whoo hoo!
FICO 9: 
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Congrats!!!
Awesome!!!!
*8/10/13
Congrats.!!!!
I almost got a little teary eyed this morning when I realized that I finally have one report that is totally clean. No baddies.
This is the culmination of 7 years of hard work on rebuilding my credit... it started in 2006 when I first pulled my credit reports. At that time my FAKO scores were <400.
The first step was to pay off all accounts in full that I had gotten behind on. After that, I started making good will phone calls to each of the creditors asking them about the late reporting and explaining that I had been in an abusive relationship which I was finally out of (best decision ever) and that I had had to move suddenly and didn't receive any of the bills and didn't know about the balances (the balances were created by my ex-husband and I wasn't allowed to get the mail back then).
Unfortunately I was responsible for the bills on these accounts because the old accounts were all in my name...
The good thing about those phone calls was that the persons that I talked to on the phone could see that I hadn't gotten my mail during those time periods and were willing to make GW adjustments to my account... especially since everything was all paid in full.
I think if utilization was lower right now then I'd be a "myFICO High Acheiver"
Right now I'm carrying a balance at 0% on my NFCU card, which is putting my utilization around 27%
The thing hurting my report are: New accounts, Number of Accounts with balances
I didn't PIF this month before statement cut because last month I had a 0 balance on Discover and it didn't update on my report to show my new CL.. I wanted to show some balance history on my accounts so that it would look like I was using them. I'm not applying for new credit so this isn't a big deal IMO
I think I'm going to PIF all balances before statement cuts and pay down my util % to see what kind of a boost that will give me.
I also have only 2 inquiries on TU, one of which will stop hurting me on May 10.
I have 3 new accounts in the last 1 year: New Auto Loan, New Mortgage (was a refi of a previous mortgage to drop my rate down to 3.75% from 6.125% on that mortgage), NavCheck opened in September 2012
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
The things helping my score are:
1. You have no missed payments on your credit accounts.
2. You have an established credit history:
Your oldest account was opened 13 years 8 months ago
The average age of your accounts is 5 years
3. You have an established revolving credit history:
Your first revolving account was opened
13 Years, 4 Months ago
If I stick with my gardening plan... of paying off balances and no opening any new accounts... Then
Your simulated FICO® score would be in the following range:
784 – 824
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.
Goal: Gardening!
That is awesome! congrats!
Congrats gr8 accomplishments keep up the good work
