@guimicm1 wrote:after 10 long years finally my bankrutcy will fell off september 2014
What should I expect after september ? how much point up my score
below is my square
TRANSUNION EQUIFAX EXPERIAN
FICO SCORE 08 700 walmart 698 FICO 695 FICO
CREDIT HISTORY 17 YEARS 17 YEARS 17 YEARS
AAOA 7.1 YEARS 7.1 YEARS 7.1 YEARS
ACCOUNTS 19 19 16
OPEN ACCOUNTS 14 14 13
AUTO LOAN 2 2 2
AUTO LOAN balance 45% 45% 45%
INQUIRIES LAST TWO YEARS 0 0 0
ACCOUNT OPEN LAST TWO YEARS 0 0 0
UTILIZATION 44% 44% 44%
ACCOUNT REPORTING BALANCE 9 9 9
You can get an idea from my current Siggy, I have a 9.25 yr old Bk7 on TU the others are clean. Ignore the MPM and Credit Sesame scores and look at the Ficos.
Think Shogun's estimates were pretty good ont the other thread, but if I had to make a SWAG: with that utilization am guessing around 730-750 FICO 8.
If that was paid down, could be 760-780; TBH I'm not so certain (hence the large ranges) as really haven't seen FICO 8 that much for reported changes; to date my SWAGs have been on the low side, so trying to adjust but might be missing the mark again.
I'm assuming that you've had no derogs since the BK?
@guimicm1 wrote:
Thank you, yes I have clean report
Well I'll be very interested in what does happen after it falls off score-wise: congrats on the patience and discipline to build a clean sheet out of the BK!
I would work on tweaking the reported utilization and number of accounts with balances: assuming those are revolving, that's certainly not optimal and without the BK it'll likely impact your score more harshly than with it. Clean sheets with high score potential get whacked hard for seemingly minor things in the algorithm anecdotally.