Fair Isaac reveals credit impact estimates
Hello all, came across an article from last year regarding Fair Isaac finally giving estimates on how late payments, foreclosure, bankruptcy, etc. affect credit score. You can find the article on CNN at http://money.cnn.com/2010/04/22/real_estate/foreclosure_credit_score/index.htm
30 days late: 40 - 110 points
90 days late: 70 - 135 points
Foreclosure, short sale or deed-in-lieu: 85 - 160
Bankruptcy: 130 - 240
Using the above as a function of credit impacts from late payments + impact of foreclosure/short sale/dead in lieu, how does your experience compare to the numbers in the article? Have these estimates proven realistic?