Im so Excited!!

[SHAI]

i just had a car charge off from a yr ago deleted and my utl brought down from ninety percent to fourteen percent. any idea on how many points i will get.

[marty56]

If the CO was your only derog and depending on how many CCs you have with a balance and their indie util, we could be talking major points here..  Please post for info on your credit profile so membershe re can give you a better idea.

[llecs]

OP, Car or card?

[SHAI]

My current scores are TU-536 EQ-513. I have one other charge-off which is from Chase(2005) and a student loan with alot of lates from 1yr ago. I have been current since August 2009. With this additional information about how much of a boost can I expect??

[Anonymous]

Congratulations on the progress!

I had a charge off, which was also reporting a balance that pushed my util up over 60%, fall off my TU a few months back. The combination of CO, with the balance and the 30, 60, 90, and 120 day lates reporting, deleting and drop of util to under 10% gave my score a bounce of around 60 points. Keep in mind that if you still have other derogs on your report the gain may not be as much. For me, it was my next to the last baddie.

Best of luck!

CB