How long do 30 day late baddies stay on your credit report? How long do they affect your score once they're a few years old?
I have three negative accounts:
- Most recent 30 days late….Jan 2017 (TU only)
- Most recent 30 days late….Oct 2015
- Most recent 30 days late….Feb 2013
Anything I can do about these, or do I just have to wait it out and let them fall off?
You can try and goodwill them, otherwise, they are there for the 7 years. There was a discussion a while back where some think only 30 days lose their punch and hurt after about 2 years. I'm not sure if this is the case or not. I did have some tradelines fall last month that had some 30 days on it and I got about a 20 point boost on EQ. There was some other stuff going on that month too, so not sure how much the change could have been related to the 30-day lates disappearing.
800 is achievable. I have a 30d from 12/2012 (6y10m) and my EQ & EX scores are in the 800's. When that 30d was removed early from TU last month I received a 50 pt increase. Nothing else changed. So it supports the theory of some that a single 30 day that's 6+ years old can carry some weight.
@FlaDude wrote:I have one 6 year old 30 day late and with recent UTI improvements have scores in the 780s. I've just improved my UTI a bit more and I'm hoping to pick up another 10-20 points. If that happens it will show that 800 is possible with an old baddie that has not fallen off yet.
That's awesome! Good luck in reaching your 800!
@Trudy wrote:800 is achievable. I have a 30d from 12/2012 (6y10m) and my EQ & EX scores are in the 800's. When that 30d was removed early from TU last month I received a 50 pt increase. Nothing else changed. So it supports the theory of some that a single 30 day that's 6+ years old can carry some weight.
Wow, thanks for sharing that. One of my 30-days is 6 years old, so it's good to know that probably still carries some weight. And congrats on hitting 840/850, at least with TU! 
I still find that bump amazing but some of the guru's that chimed in made me feel easier about the realilty of that capablity. I suppose score cards can make a difference (still a bit surprised) but seems like it's possible. This is my post and responses to it.
