cancel
Showing results for 
Search instead for 
Did you mean: 

How much do ya'll think (in general) a score will go up with 7 collections removed?

Frequent Contributor

How much do ya'll think (in general) a score will go up with 7 collections removed?

I am having 7 collections removed from all the cra's does anyone know if that will be a nice bump?  I still need to get rid of 4 charge offs though.   Rest are in good standing about 14 accounts. 



Starting Score:
August Equifax 558 TU 600 EX 570
Current Score: Equifax FICO 642 TU FICO662 EX 651 (credit.com) 06/21/2013
Goal Score: 720 All Across

Take the FICO Fitness Challenge

Message 1 of 10
9 REPLIES
Valued Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

i used to have one collection and when it was removed my scores jumped 107 points! so i can imagine good it would do to remove 7 colelctions.


Message 2 of 10
Community Leader
Super Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?


LoveGoodCredit wrote:

I am having 7 collections removed from all the cra's does anyone know if that will be a nice bump?  I still need to get rid of 4 charge offs though.   Rest are in good standing about 14 accounts. 


We cant really guess that-  It will also be depend on other factors in your report.  So it will be a wild guess as everyone's report is different.

Message 3 of 10
Frequent Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

They were only medical though.  All duplicate entries. But they are gone, or will be.  I need to work on the charge offs.  Barclays wants to settle,I want the best negative entry possible...... so waiting .... They're supposed to call me. 



Starting Score:
August Equifax 558 TU 600 EX 570
Current Score: Equifax FICO 642 TU FICO662 EX 651 (credit.com) 06/21/2013
Goal Score: 720 All Across

Take the FICO Fitness Challenge

Message 4 of 10
Community Leader
Super Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

Well, obviously, it will go up 7 times what sapingo's did - 749 points is what you'll gain! Simple Arithmetic, amiright?

 

All kidding aside, there's just too many variables to even make a guess.

Most Recent FICO 8 Scores EX601/TU580/EQ589 12/08/2017 Starting scores 553/485/543 08/25//2017
~~~Credit lines~~~~
SDFCU VISA Secured $250
Discover Secured $200
Message 5 of 10
Regular Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

7 removals!! That's awesome. Just got 5 removed..curious to find out the impact
Experian score was 561 as of 1/1/15
TU: 667 EQ: 662 EX: 668 as of 8/4/15 Navy LOC 15k; Home Depot 10k; Navy CC 5k; BJs 5k; Lowes $5k; Citibank 4k; 1.5k LOC w/CU; 5k Loan w/CU; Macys 1.2k; Kohls 1k; TJMaxx 2k; Overstock 2.8k; NY&C 500;

CapOne CC: Venture 20k; QS 5k; QS 4k; Ventureone 3.5k; QS 3k; Oldest Account: 22years AAoA: 8years UTI:11%
AU: Amex 10k Walmart 10k INQ: 8(EX); 10(TU); 10(EQ)
Message 6 of 10
Valued Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

A-W-E-S-O-M-E  Smiley Very Happy


FICOS: EQ-812 TU-811 EX-818 Goal - 840-850 Across The Board
Total Credit Lines - 506K Gardening....
"I am the master of my fate and the captain of my destiny" Nelson Mandela
Message 7 of 10
Established Member

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

For me it's anywhere between 30-50 points from removing one. But if you see my other thread, not everything comes off from all 3 bereaus at the same time.

Message 8 of 10
Regular Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

To many things to consider, age of the accounts and amounts.  Accounts that are 4+ years and are under 100 bucks will have less impact.  So removing them will have little effect on scores.

Message 9 of 10
Highlighted
Frequent Contributor

Re: How much do ya'll think (in general) a score will go up with 7 collections removed?

They are within the past year, all 50 and 90 dollars.  Its from a copay where the hospital obviously lost the information.  Smiley Sad  Paid all those bills, but anyway, its still 7. 



Starting Score:
August Equifax 558 TU 600 EX 570
Current Score: Equifax FICO 642 TU FICO662 EX 651 (credit.com) 06/21/2013
Goal Score: 720 All Across

Take the FICO Fitness Challenge

Message 10 of 10