Fico Question

Discussion in 'Credit Talk' started by dduke25, Nov 1, 2003.

  1. dduke25

    dduke25 Well-Known Member

    I have a 620 Fico EQ I have 1 chargeoff and 7 medical collections coming off any idea what can of increase to expect in FICO.
     
  2. gmaof1

    gmaof1 Well-Known Member

    I had 7 medical collections deleted and my FICO only went up 9 pts.
     
  3. 420greg

    420greg Well-Known Member

    I have 2 paid meds on my EQ: 658
    I have 1 paid med on my EX: 671
    I no derogs on TU: 688

    All the rest of the information on all 3 reports is pretty much the same. Just a few balances off by a few dollars. It looks like some companies report rounded figures.

    If you have 50 paid medicals and you lose 7 you may not see that much of a bump.

    If you only had the 7 and they are all gone, you should see a larger rise in your scores.

    The age of the TL also has a lot to do with its weight in points, the older they are the less they count.
     
  4. dduke25

    dduke25 Well-Known Member

    No Only Eight Seven Are coming off. Two to Three years old

    Plus a four year old charge off in tradelines.
     

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