DEROGATORY LATES

Anonymous · ‎10-17-2007

QUESTION:

I HAD MY IDENTITY STOLEN AND THIS RESULTED IN 17 RECENT DEROGATORY LATES ON ONE ACCOUNT. THEY ARE IN THE PROCESS OF BEING REMOVED, HOW MUCH WILL MY SCORE RISE? EXACT NUMBERS IF POSSIBLE FOR ALL 17 REMOVED AT ONCE.

haulingthescoreup · ‎10-18-2007

No one can do an "exact calculation," even if they knew exactly where you are starting from. Don't know your current scores, any baddies that are actually yours, what kind of credit you have etc., so no one can do the math with this little information. I would think that the score jump would be big, if the lates are truly recent.

(moved over from initial posting)

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

fused · ‎10-18-2007

DSILVA8 wrote:

QUESTION:

I HAD MY IDENTITY STOLEN AND THIS RESULTED IN 17 RECENT DEROGATORY LATES ON ONE ACCOUNT. THEY ARE IN THE PROCESS OF BEING REMOVED, HOW MUCH WILL MY SCORE RISE? EXACT NUMBERS IF POSSIBLE FOR ALL 17 REMOVED AT ONCE.

How late, 30 days, 60, 90, 120+? Recent? I assume they are all less than 2 years old?