my fico 8 score is 668. 2 points from "good." I am not looking for a credit card, or a car loan. I am thinking that this is my "forever" home. I am old with a low ss income. I always had good credit before my divorce. I have no reason to want a good score other than the fact that I want it. I am 2 points shy of 670. My collections will have been paid off for 2 years next month.[ no idea if that will give me a point or 2] AAOA is 8 years. AoYA is 7 months. I have been keeping everything under 8% every month and PIF. In May I will be 65 years old. I am hoping to have a 670 score [or above] by my birthday. According to my fico 9, I am at a 780, but that score desn't really mean anything. do you think that as long as I stay under 8% a month that I can reach 670 on my birthday?
I think you have a shot at gaining 2 points by May... you'll gain them (and then some) come June 1st when your AoYA reaches a year. So... belated birthday 😁
Your collections aging next month may have an impact, but I'm not sure. Have you tried getting them removed through Goodwill requests?
Your collections aging next month may have an impact, but I'm not sure. Have you tried getting them removed through Goodwill requests?
If your collections have been paid off for 2 years but are still showing on your CR, see about getting them completely removed this alone will help boost your score as well 
My collections, and everything else are paid off. I paid them off before finding this forum, so I did not ask for a Goodwill removal. I also just remembered. I have 4 enquiries in the past year and one of them should be dropping off next month. Might that help? most recent inquiry was in June.
Inquiries don't fall off in a year - they become unscoreable - but they remain as a record for 2 full years (just wanted to clarify that so you're not looking for it to compleyely disappear). Inquiries will become unscoreable exactly 365 days from the inquiry date - so yes - whatever date in Feb 2019 the inquiry was made is when you should see any points lost returned to you in Feb 2020. I just went from 4 to 3 scoreable inquiries on Equifax today and gained 7 points (number of inquiry points +/- is profile specific so keep that in mind).
You should start a Goodwill campaign for those collections - collection agencies don't care much once they're paid so very well may oblige your request - so start sending those letters!!
You should start a Goodwill campaign for those collections - collection agencies don't care much once they're paid so very well may oblige your request - so start sending those letters!!
Thank you. I will lok up one of the form letters here, personalize it just a bit and send one off.
Well, I just checked and I received 5 points. Now I need to work harder to lose that last ten pounds by my birthday.
@vicky3vicky wrote:Well, I just checked and I received 5 points. Now I need to work harder to lose that last ten pounds by my birthday.
Congrats Vicky! Just curious, do we know if that 5 points came from aging on the 1st of the month or from the inquiry aging to 365 days (did the inquiry date pass yet)?
Congratulations on your success!
My collection was paid off February 3. my inquiry was sometime in January, so not sure.