@Unfaithful wrote:
Sorry about that, It was a mixture accounts with lots of lates and some CO. All had 0 balance. They were all credit card accounts. The one remaining is a CO credit card account. As of now I have about 20 accounts, some loans and credit cards. All positive.
Of the 20 accounts, were any opend around or before the derogatory ones or only afterwards?
Yeah, you aren't improving revolving utilization with $0 balances being removed, you already got those points back, and until the last CO comes off, you will not see a bump. So you likely have 20 accounts that are all or mostly newer and/or at a minumum all the old COs coming off lowered your AAoA and probably your age of oldest revolver, so you lost points.
When my last/only CO came off TU, I got a boost of +70pt. I still have possibly several 120d lates (odd, I know, but hard to explain or even understand myself) and 3 x CAs, but it still brought me up nicely to 716 from 646. Not to say that is a reflection on your potential score gain when the last CO is removed. The account was opened in 2013 and I have multiple accounts well older than that, so it did not impact my AAoA negatively, rather it even improved it further when it was removed.
Most derog removals for me resulted in little to zero score gain while other derogs were present, unless they were high $. $0 derogs got +0 pts.
For my SO when all of his derog SLs were removed, he lost points since it lowered his AAoA greatly, and he still has 1-2 x COs (depending on bureau) and 1 x CA (EQ only) reporting. I do not think he will be gaining any points since his profile still looks young (FedLoan removed defaulted SLs, but have refused to add the now positive ones until Cares Act forebearance ends), so until those finally report and his last CO ages off (which has a high $ balance) we are at a bit of a standstill, score-wise.
At least yours is not much longer of a wait!
