Possible Score Increase Soon To Be?

[Neches7]

I wasn't thinking it was going to be a huge jump but more of the very low 800's, I'm sure once I pay off my car I'll be dinged a bit just hope it's not to bad... Thanks for your help.

[SouthJamaica]

---

@Neches7 wrote:

After years of waiting for bads to fall from my reports I have 3 months left For these lates to be gone.

120 Day Late

90 Day Late

As of today my scores sit 771,761,768 What would be the chances of breaking 800 Once these fall? I have no bads left on my report but those 2, I Been sitting around letting accounts age No pulls for the last 16 Months. Also I have 1 Inquiry showing on TU... It's been a long journey for this But it's finally almost over, I've also read that once you have so many days for a bad to fall you can dispute the age of it as old? And have it removed sooner, Please correct me if I'm wrong. 

---

I think your chances of getting to the neighborhood of 800 are good, but I doubt you'll have 3 scores over 800.  The lates don't have as much impact now as they did when they were newer.

It's very possible that if you send verification requests for those items, they might wind up being removed from the reports. But if I were in your shoes, I wouldn't poke the bear; you're too close to the promised land to risk mucking up your reports.

[Thomas_Thumb]

---

@CreditCurious wrote:

I am in a very similar situation.  FICO 8 scores 718, 749, 762.  The 718 is from Experian, and my mortgage company only reports to my wife's EX credit score, not mine.  No other terribly significant differences.

My DOFD on my 180 day derogatory is from Jan 2018 (EQ says it is from Nov 2017), so I am 7 months out unless I bother to ask for EE.  No other missed payments, chargeoffs or other negative marks.

My FICO almost never changes.  Last 8 months it has been unchanged for all bureaus, with the exception of one month where it dropped by approximately 12 points becuase I hit 19% utilization on a single card/12% overall (airline tickets), bounced right back when I did my normal PIF.  

3 open revolvers, AoOA is 13y8m (account now closed, but still aging), AAoA is 8y4m, youngest account is 13 months.  Gross credit limit $40k, typical utilization 2-5%, both collectively and individually.

1 open mortgage account, 11 years, 77% of original loan balance. No negatives.

One open inquiry, only shows on EX, 14 months old, so should not be counting against me.

It looks to me that I am on a dirty scorecard capping my score because of that old derogatory.

---

Not having that open mortgage show on EX could be costing you up to 30 points. I'd try to get it added even though you have closed loans to satisfy mix.

That 180 day late is likely costing you 70 points even though it is 6 years old

P.S. The 19% card utilization may not have hurt your score but, the 12% aggregate utilization sure did.

[CreditCurious]

---

@Thomas_Thumb wrote:

---

---

Not having that open mortgage show on EX could be costing you up to 30 points. I'd try to get it added even though you have closed loans to satisfy mix.

That 180 day late is likely costing you 70 points even though it is 6 years old

P.S. The 19% card utilization may not have hurt your score but, the 12% aggregate utilization sure did.

---

Yes, the fact that my mortage company does not report is definitely hurting my score. That is the only difference I can see between the three agencies, other than some insignificant stuff (different reporting dates, previous hard pulls varied from agency to agency, that odd difference between EX and EQ on my DOFD).  However, I emailed and called my mortgage company, plus disputed the EX score, and they said they only report it for one of the people named on the mortgage, and in my case, that is my wife.  

Yes, that 180 hurts.  Should drop off in a few months, and since I am not looking for credit, it does not keep me up at night either

For the 12% utilization, I debated paying down my cards before making the larger purchases, but I was curious to see how the bump in utilization would play out.  Dropped for one month, then back up with all bureaus, so temporary as utilization should be.  Back to my typical 2-4%, so no harm done.

[CreditCurious]

I reviewed my TU report, and although the first reported delinquency was 30 days late Jan 2018, it said that the delinquency was to be removed 11/2017.  I used the online dispute form to contact them, and asked them to delete based on age, or update the weird removal date.

Two business days later, the Amex credit line is completely gone. My Vantage 3 (I know...) jumped 32 points from 770 up to 802.  I will wait for my credit card to report my FICO 8, which was 749 last month. 

FICO should obviously go up because of removing a string of six delinquencies (30-180 days late), offsetting that I will lose my oldest account, and my AAoA is also going to drop.  

[CreditCurious]

The data is in.

My 180 day delinquency was removed (EE ) by TU about a month ago. 

My TU Vantage 3.0 went from 770>802>819 over the course of a couple of weeks.

More importantly, my FICO 8 as reported by by BoA card jumped from 749 last month up to 829 this morning.  A nice 80 point jump.  This seems like a good data point confirming the chart I have seen on this site showing that a 180 day delinquency will depress your score by about this amount for the full 7 year period it is on your report.

My EQ and EX scores are still in the 700s, as I am not going to bother pursing EE with either of them. 

[MissLiz]

Wow, that's quite the jump! Congratulations, @CreditCurious !

[SouthJamaica]

---

@CreditCurious wrote:

The data is in.

My 180 day delinquency was removed (EE ) by TU about a month ago. 

My TU Vantage 3.0 went from 770>802>819 over the course of a couple of weeks.

More importantly, my FICO 8 as reported by by BoA card jumped from 749 last month up to 829 this morning.  A nice 80 point jump.  This seems like a good data point confirming the chart I have seen on this site showing that a 180 day delinquency will depress your score by about this amount for the full 7 year period it is on your report.

My EQ and EX scores are still in the 700s, as I am not going to bother pursing EE with either of them. 

---

1.  Thank you for coming back and updating us on this.

2. And congratulations!!!  829. Now that is sweet.

[FicoMike0]

Congratulations!

[Thomas_Thumb]

---

@CreditCurious wrote:

The data is in.

My 180 day delinquency was removed (EE ) by TU about a month ago. 

My TU Vantage 3.0 went from 770>802>819 over the course of a couple of weeks.

More importantly, my FICO 8 as reported by by BoA card jumped from 749 last month up to 829 this morning.  

---

Nice! Report back with score updates when the late falls off EQ and EX.