CO question

[Anonymous]

I have a CO on my report DOFD is 12/17 ..I have paid it off in 2019 ,My question is how much is this hurting my score and should I start sending Goodwill letters?

[sarge12]

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@Anonymous wrote:

I have a CO on my report DOFD is 12/17 ..I have paid it off in 2019 ,My question is how much is this hurting my score and should I start sending Goodwill letters?

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Use the saturation technique for goodwill letters......https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/The-Saturation-Technique-Best-GW-adjustment-odds/m-p/4727098#M504189   Not enough info for an educated guess on how badly the CO is hurting you. It is dependant on your overall credit profile.

[Anonymous]

My Fico score is 660 ex tu 691 not sure on eq..

Discover card 1 month old 

2 cap1 cards one is a year old other is 6 months 

one credit one card a year old 

good payment history and utl is at 2%

Co has a fall off on tu 10/22 

but cant seem to get my score higher then this 

[sarge12]

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@Anonymous wrote:

My Fico score is 660 ex tu 691 not sure on eq..

Discover card 1 month old 

2 cap1 cards one is a year old other is 6 months 

one credit one card a year old 

good payment history and utl is at 2%

Co has a fall off on tu 10/22 

but cant seem to get my score higher then this 

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More than likely due to a thin credit file, that would be my guess. It takes years to build a great stable credit profile. Don't expect quick jumps, just a slow, but steady rise if you do it right.