Fico question

[Jake0215]

myFICO TU Pull was 660, My question is, as of this month all three of my credit cards, Best Buy, Cap One, and National City will have a zero balance. Down from around 40% of total usage. I have one collection account that is listed as paid (medical that insurance was supposed to pay) that i am currently disputing. Assuming this collection is removed and my revolving debt falls into the golden zone, how much of a jump can i expect?  I am applying for a mortgage and trying to get the best rate possible. Clearly i want to wait till these issues are resolved, I just want to know what to expect.

[Anonymous]

---

@Jake0215 wrote:

myFICO TU Pull was 660, My question is, as of this month all three of my credit cards, Best Buy, Cap One, and National City will have a zero balance. Down from around 40% of total usage. I have one collection account that is listed as paid (medical that insurance was supposed to pay) that i am currently disputing. Assuming this collection is removed and my revolving debt falls into the golden zone, how much of a jump can i expect?  I am applying for a mortgage and trying to get the best rate possible. Clearly i want to wait till these issues are resolved, I just want to know what to expect.

---

It's hard to say because there are several other factors contributing to your score.  Things like the age of your oldest account, your AAoA, other lines of credit, the age of that collection account, etc.  

[Jake0215]

Average age of account is 4 years, oldest account is ten years. I have a car loan 2.5/5 years. The car loan is the only installment account. I dont have any real estate accounts. the collection is 4 months old.

[LIGHTNIN]

A recent debt reporting by a CA, can hurt a CS by about 80pts.Ouch!

Have you contacted the CA, to see if they would kindly remove this paid debt from your CR?