EX settled CO Removed- Expected Score Increase

Gingi · ‎09-07-2023

My last baddie, a settled CO, was scheduled to fall off my reports last month due to NYS's 5 year early purge rule. It fell off my EQ & TU reports automatically but is still listed on my EX report with a June 2025 fall off date. Spent 3 hours trying to get through a live person who could help at EX and it seems my persistence paid off. It took the CSR 32 minutes to process it but he said he deleted the account from my EX report but it would take 24-72 hours to reflect. Current Fico 8 is a 706. How much can I expect my score to go up? Will I finally hit the elusive 740 EX Fico?! (I still have a 2.5 year old 30 day late on a account that is open & current but I believe after 1 year, lates don't have a significant impact on Fico scores?)

AMEX PLATINUM-AMEX GOLD-VENTURE X 17,000-VENTURE ONE 3,600-OPENSKY $600- Bilt MC $4,000- local CU MC $5,000 (8% fixed)

BIZ CCs: Chase Ink Preferred $15,000-Chase Ink Unlimited $6,500-Amex BBC $9,500-Amex BBP $22,000

coldfusion · ‎09-07-2023

If you have a 30 day late reporting you still have a baddie.

The adverse effect on ones scores of a reporting 30 day late payment gradually dissipates over time but one still exists until it falls off whch by default is in 7 years.

Everyone is different; it's quite possible to have FICO scores well above the 740 mark with a 30 day late reporting but when in your case that might happen is purely speculative.

(10/2025)
FICO 8 (EX) 838 (TU) 846 (EQ) 850
FICO 9 (EX) 850 (TU) 850 (EQ) 850

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Artist formerly known as the_old_curmudgeon who was formerly known as coldfusion

SouthJamaica · ‎09-07-2023

@Gingi wrote:
My last baddie, a settled CO, was scheduled to fall off my reports last month due to NYS's 5 year early purge rule. It fell off my EQ & TU reports automatically but is still listed on my EX report with a June 2025 fall off date. Spent 3 hours trying to get through a live person who could help at EX and it seems my persistence paid off. It took the CSR 32 minutes to process it but he said he deleted the account from my EX report but it would take 24-72 hours to reflect. Current Fico 8 is a 706. How much can I expect my score to go up? Will I finally hit the elusive 740 EX Fico?! (I still have a 2.5 year old 30 day late on a account that is open & current but I believe after 1 year, lates don't have a significant impact on Fico scores?)

Even though you still have the 30 day late, you may well hit 740. Good luck with it.

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Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

Gingi · ‎09-08-2023

UPDATE: Settled CO was removed from my report 3 hours after getting off th ephone with Experian & my Fico 8 score jumped a whopping 51 points to a 757!!!

AMEX PLATINUM-AMEX GOLD-VENTURE X 17,000-VENTURE ONE 3,600-OPENSKY $600- Bilt MC $4,000- local CU MC $5,000 (8% fixed)

BIZ CCs: Chase Ink Preferred $15,000-Chase Ink Unlimited $6,500-Amex BBC $9,500-Amex BBP $22,000

Jeffster1 · ‎09-08-2023

@Gingi wrote:
UPDATE: Settled CO was removed from my report 3 hours after getting off th ephone with Experian & my Fico 8 score jumped a whopping 51 points to a 757!!!

Congrats! Way to go! Persistence pays off.

0% utilization
FICO 8 EX 839 EQ 848 TU 850
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JoeRockhead · ‎09-11-2023

@Gingi wrote:
UPDATE: Settled CO was removed from my report 3 hours after getting off th ephone with Experian & my Fico 8 score jumped a whopping 51 points to a 757!!!

Nicely done, congratulations!

MeredithLepore · ‎09-13-2023

Congrats buddy!!

SouthJamaica · ‎09-13-2023

@Gingi wrote:
UPDATE: Settled CO was removed from my report 3 hours after getting off th ephone with Experian & my Fico 8 score jumped a whopping 51 points to a 757!!!

Nice

Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682

FireMedic1 · ‎09-13-2023

Congrats! Nice rebound.

BK Free Aug25

Aspireto850 · ‎09-23-2023

OMG that is amazing. How on earth did you convince EXP to remove it 2 years early? Sell me that secret sauce please!