Effect on Score having CO deleted

[jsk300]

What kind of score change can I expect to see when a charged off account gets removed from my CR?  It was a charge off in 2002. 

[Anonymous]

COs are pretty bad...no one can pinpoint exactly how many points you will see...because it may hurt you more...but getting it removed...because you will lose the history...every situation is different...all you can do is hope for the best...so...GOOD LUCK!!!

[Anonymous]

Having a CO removed from your reports is definitely a "YMMV" thing when it comes to FICO scoring.

Some people actually lose points because their average age of accounts dropped.  My experience was the opposite.  I had a CO removed from Ex and Tu this morning and my scores jumped by 80 pts on Ex and 25 pts on Tu!  Unfortunately, it's still reporting on Eq.  (grrrrr!!)

At any rate, I would rather have a clean report with a lower score than a report with derogs and a higher score.  Good luck!

Message Edited by lurknomore on 08-12-2008 02:04 PM

[MidnightVoice]

The only baddie on my report was a 6.75 year old Collection - +50 points went it aged off