No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Over the course of this year I have paid off 11 collection accounts. $12,500. I started with the smallest balance and worked my way up. My score did improve several points when I paid these accounts. This month I opened a Capital One Quick Silver ($2,000), Milestone($300.00), Walmart($400.00)and Marathon. Credit Score in July was 615 today 623. All of the collections will come off in 7 years, which means they will all come off between September 2020 and April 2021. I was wondering if my credit score will improve in regards to the collection accounts the older they get. Thanks in advance for any feedback!
The older they get, the less they impact score. When they fall off, it will still make a noticeable difference.
Thank you!