charge off removed dropped 21 points

[Anonymous]

I had a bank of america charge off removed today and droped 21 points 732=>711

it was my oldest account avarage age went from 31=>9 months.

Im trying to refinance my car soon since when i bought it my credit was into the 500s, so i sgreed on a 14.9% Apr.

ANy good lenders i could probably get the best Apr.

Right now i have no baddies on my report.

2 individual Secured CC 500$ limit opened in october 2017 = 0 Utilization 

1 AUthorizes User 6000$ CC opened Jun 1, 2015 = 0 Utilization

9,820$ santander car loan opened on Oct 1, 2016 = Balance $8,391

100% payment history 

[Anonymous]

The drop was probably because of the dropping of the AAoA.. which, from what I understand, places like to see a cleaner file over a longer one with collections and such. You’ll bounce back after a few months of not applying for new loans/cards and such..

[gdale6]

You are also losing Fico points for not having any revolvers report a small balance.

[Anonymous]

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Can I ask what you did to successfully get BofA to remove your Charge off?! I have had no luck with them so far!@Anonymous wrote:

I had a bank of america charge off removed today and droped 21 points 732=>711

it was my oldest account avarage age went from 31=>9 months.

Im trying to refinance my car soon since when i bought it my credit was into the 500s, so i sgreed on a 14.9% Apr.

ANy good lenders i could probably get the best Apr.

Right now i have no baddies on my report.

2 individual Secured CC 500$ limit opened in october 2017 = 0 Utilization 

1 AUthorizes User 6000$ CC opened Jun 1, 2015 = 0 Utilization

9,820$ santander car loan opened on Oct 1, 2016 = Balance $8,391

100% payment history 

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