jdcg21 wrote:what im wondering is that if you pay off an account that has been to collections is it better on your credit score or is it the same. There are two accounts that have several 120day late hits.Another question is there a way for the collection people to take off all the late dings?
riteficos wrote:Can u please give me a sample goodwill letter? I have a late pmt from 2 yrs ago, not my fault though. It was a change of address, never got my stmt, ........It is paid, but can I have it removed now.
inquiries stay on reports pulled directly from the CRA's and most FAKO's for two years. With FICO they only stay on your reports for one year and may or may not effect your scores for up to a year.
Inquiries last for 2 years. Do they effect your score after 1 year?