When old bad things drop off....?
This is more of a statement of information than a question....
I made an interesting observation today. I've had a 90 day late on a Sallie Mae account showing since September of 04 on my Trans Union.
I have read that old, bad info doesn't hurt your FICO's as much as they get older & being near nothing at 7 years.
Today that dropped off early. I had just purchased my TU FICO score last Friday. It was 706. Today, it went up to 751 !!!!
Just wanted to mention this to prove a point. No matter how old the "nasty" mark is, you get a very nice score jump when it's gone! I also want to add that this was the only remaining negative mark on that report.
WOO HOO! Now I only have 1 report out of all 3, with only one bad mark left to fall off.
This has been a long, hard credit repair journey, but now I'm finally running down the home stretch!
Thanks Hunts & anywho... I do always enjoy helping out folks & educating them whenever possible. I can certainly admit when I "don't know" how to help, but I like to try & find the answer for some folks too. I guess the one big area I like to clear up for folks is all the FAKO scores available out there. I hate to see anyone apply for a car loan or mortgage because "free credit report" says they're fine!
For the last 5 years, it's been a mission of mine to educate. I welcome any advice from others and also any comments, whether they be good or bad. I'm a big girl with a thick skin! I can take it! :0)
I won't be leaving any time soon. I truly enjoy reading & posting here. Even if I get the email chastising one of my comments now & then. hehe
Oh....anywho...I do love the credit pull database on the Creditboards! That has been a Godsend when I wanted a particular product. I do miss the FICO discount codes tho. Seems they put the kibosh on that joint venture. :0(
AnyWho....I have the PSECU EX FICO with $5 in the checking acct!!! Not too many people know about those & they're catching on that folks are joining to simply get the score. They are making their criteria to join a bit tougher.
Right now...EX is 710 :0( That is my report with the last baddie.