Lots of baddies removed and scores have only increased slightly

Lots of baddies removed and scores have only increased slightlyLots of baddies removed and scores have only increased slightly
GeorgeFethy asked 5 years ago

Over the last 4 months, I’ve been able to remove 11 open collections and 4 charge offs, and PIF 6 charge offs.  I’ve also added 3 new revolving lines of credit with low balances and no lates.  As you can tell in my siggy, my scores have only increased slightly.

 

Here’s what I still have remaining.

 

Equifax:         9 unpaid charge offs and 3 open collections

Experian:       7 unpaid charge off’s and 5 open collections

TransUnion:  4 unpaid charge offs and 3 open collections

 

I realize I still have alot of work to do but I feel like alof of improvement has been made here but my scores are only a little higher than when I started.  I guess I expected them to be higher.  Getting rid of all those collections improved my untilization, plus adding the 3 new lines of credit.

 

The remaining baddies are all old and if I let them age off, they would all be gone by the end of next year.  I have 2 new revolving lines that will be reporting in a couple of months, which I intend to keep at a zero balance.  What is it thats keeping my scores so low?  The charge offs or the open collections?

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