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Here's my score increase after 3 year-old last baddie is removed.

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Regular Contributor

Here's my score increase after 3 year-old last baddie is removed.

Finally got a 3 year old innacturate chargeoff removed from my credit. I was hoping for a major increase and this is what I got. While my file no longer has a "major delinquency" marker, the score increase was definitely underwhelming. A total of 1 pt increase from 747 to 748. Being objective, a 747 with a 3 yeard old charge off, and several 30 days late was nothing to complaint about to begin with but was hoping for a 10-15pt increase with such a baddie still in my files. 

 

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Credit Repair Tracker: Don't get discouraged: 220pts gained to 780!


MYFICO Proud Garden Club Member: 

Message 1 of 5
4 REPLIES 4
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Contributor

Re: Here's my score increase after 3 year-old last baddie is removed.

Lol! I feel you &definitely would be hoping for more of an increase. 

FICO 8
1/2020 EQ714 TU736 EX719
2/2020 EQ718 TU744
EX736
5/2020 EQ723 TU741 EX730

Cards:
NFCU Visa Signature Cash Rewards $24k cl
Amex Gold
Amex HH Aspire $18k cl
Synchrony Bank -Bowflex $2500 cl
AU- BoA Visa Signature Cash Rewards $24k cl
Message 2 of 5
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Valued Contributor

Re: Here's my score increase after 3 year-old last baddie is removed.

Congrats on the removal!   I realize the increase was underwhelming -  but, big picture -  you are on a much better scorecard now -  which means improved score growth potential.  Clean reports should be the primary goal -  higher scores will follow with time. This is a wonderful thing so enjoy & celebrate!

Personal Aphorism:
"Forget What You Feel, Remember What You Deserve"


Starting FICO 8s | 09/2017: EX 641 ✦ EQ 634 ✦ TU 647
Current FICO 8s | 05/2020: EX 780 ✦ EQ 758 ✦ TU 781
Current FICO 9s | 04/2020: EX 793 ✦ EQ 780 ✦ TU 778
2020 Goal Score | 800s


My AAoA: 3.1 years not incl. AU / 3.5 years incl. AU
My AoOA: 7.3 years not incl. AU / 9.3 years incl. AU
Inquiries: EX 1/6 | 1/12 ✦ EQ 1/6 | 1/12 ✦ TU 1/6 | 1/12
Report Status: Clean


Without patience, we will learn less in life. We will see less. We will feel less. We will hear less. Ironically, rush and more usually mean less.
Message 3 of 5
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Valued Contributor

Re: Here's my score increase after 3 year-old last baddie is removed.


@thornback wrote:

Congrats on the removal!   I realize the increase was underwhelming -  but, big picture -  you are on a much better scorecard now -  which means improved score growth potential.  Clean reports should be the primary goal -  higher scores will follow with time. This is a wonderful thing so enjoy & celebrate!

 

+1

 


 





My Cards:






Profile Type: New, Thick, 100% Clean
INQ's: EQ: 0 TU: 1 EX: 3 (last 12 mo.)
Recent Accounts: 4 (last 24 mo.)
Total CL: 28.95k Util. 3% AAoA: 1yr, 8mo.
AoOA: 2 yrs, 8 mo. AoYA: 0 mo. 100% PIF.





myFICO Member since: July 21, 2018 | Joined Community: Aug. 17, 2018 | Starting Scores: EQ: 716 TU: 738 EX: 698
Message 4 of 5
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Super Contributor

Re: Here's my score increase after 3 year-old last baddie is removed.

Congratulations on your success!

Message 5 of 5
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