I did a quick search on the subject and didn't find anything. My last and only derog on record is a car loan that was charged off back in 2018. It's due to fall off December of 2024. I have heard it said around here that a co is right under a bk in severity and how it affects your score. I started my rebuild back in February and cleaned all the collections up. I have a current auto loan in good standing and 5 revolvers. Utilization is at 1% always. Auto loan balance is still high because of the crappy rate. I have seen people around the forums with a bk still on record, with their scores in the low to mid 700's. So is it safe to assume that I may be able to break into the 7's with the co still on my record? Current scores are Ex 681 TU 684 EQ 672. I know every profile is different and there are more factors to consider. I just want an idea if the goal I set for myself is a realistic one. TIA.
Goal Scores: 700 across all three
@Remedios wrote:Is it unpaid CO and is it updating?
Sorry, I meant to include that in the original post. The co was paid off through a collection with Jefferson Capital. They deleted the collection and the co was updated to report zero balance due. The account has not updated since reporting the 0 balance. The account has 3 thirty day lates, 2 sixty day lates, and a ninety day late listed on it.