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I apparently have 2 judgments - one filed 5/7 and one filed 9/6. If I were to satisfy these with the OCs (the 5/7 one has a CA reporting) and get a satisfaction of judgment to get them satisfied, how long would my score suffer from new activity?
Also: I am PFDing some other CA issues. If this is unsuccessful, how long will my score suffer from the new activity of paying them? I know there's a weighting to credit info from the prior 2 years...is that how long these look new again if I pay them?
Thanks!
@mauve wrote:I apparently have 2 judgments - one filed 5/7 and one filed 9/6. If I were to satisfy these with the OCs (the 5/7 one has a CA reporting) and get a satisfaction of judgment to get them satisfied, how long would my score suffer from new activity?
Also: I am PFDing some other CA issues. If this is unsuccessful, how long will my score suffer from the new activity of paying them? I know there's a weighting to credit info from the prior 2 years...is that how long these look new again if I pay them?
Thanks!
I don't think the judgments reporting as satisfied will help or hurt your score at all. It would help with a creditor who conducts a manual review in deciding whether or not to grant you credit, though.