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3 years ago
Mon Jun 07, 2021 12:32 am
LaHossBoss
Outlier
LaHossBoss has been gardening for over 2 years.
Early Exclusion
Early Exclusion is not something discussed very often. EE is a sometimes quite generous offer of removing your derogatory accounts from your credit reports early!
EE is not intended for the early removal of lates! EE is only for entirely derogatory accounts like charge offs, collection accounts, repos, forclosures, and bankruptcies! So if you have only single or multiple lates on an otherwise positive account (open or closed), it does not qualify for EE.
( Please see Goodwill Saturation Technique for the early removal of lates. )
- TU offers 6 months of EE.
- EX offers 3 months of EE, but this can be a bit confusing, so read on for more details to correctly execute EE with EX.
- EQ offers 30d of EE, but they are not usually a good source of EE. They tend to sometimes make disastrous mistakes with your credit profile! All in all, I strongly discourage attempting EE with EQ. Being that it is only 30d combined with the fact they are known to age off derogatory items early, anyway, let's leave that bureau alone!
- TU will list "estimated date of removal"
- EQ will list "date of first delinquency" (not the also listed "major delinquency first reported"). Add 7 years to that date and it will naturally age off 1 or 2 months prior to then.
- EX will list "on record until". Note:This will be different than EQ and TU because EX ages items off at 6y 10m. Meaning, the "on record until date" will likely be 2 months earlier than TU and EQ. This does not make any of the DoFDs for any of the 3Bs innacurate!
Click images to enlarge them.
- Score data EQ 8: 690 9: 655 5: 668 TU 8: 704 9: 658 4: 719 EX 8: 729 9: 642 2: 746
- Classic 8 Scorecard DIRTY/PUBLIC-RECORD/MATURE
- Mortgage Scorecard DIRTY/PUBLIC-RECORD
- AoOA 16y
- AoORA 14y 4m 2y 5m
- Date of Last Inquiry and/or New Account Opening December 9th, 2021