Score boost after 1 year mark?

[Anonymous]

A quick question:

I have heard after 1 year of positive history on a loan (vehicle in my case) there can be a somewhat significant bump in scores. Any truth to this?

[llecs]

It's possible. The TL type probably doesn't matter, but it isn't uncommon to lose points when the TL is first added. Gradually over time, points will return, sometimes without even noticing it. Some have reported (and I've seen it firsthand for myself) that they'll see a small score bump if that TL hits the one-year mark . YMMV on the gain. It depends on your credit. Also, newer credit besides the up and coming 1 yr anniversary can easily negate that gain.

[bigman023]

In my experience, I get a small bump on the anniversary of accounts.  But I got a 15-25 point increase for 1yr clean credit, meaning 1yr since the last late reported on my CR.  6/1 I am expecting a bump for 2 yrs no lates.  Im hoping the bump stays in the 15-25 point range.

[Anonymous]

I am hoping for a few boosts in my scores next month. I will reach the 1 year mark since last late reporting as well as an anniversary of 1 account in addition to a few medical collections and a judgment deletions on one CRA and hopefully soon some deletions on the other CRA's as well (1 that I know of for certain) and bringing cc utilization down to 9%.

Crossing my fingers