I had an open account with Capital One. They just sold it to Portfolio Recvoery, which has not updated on my credit report yet. When Capital One reported it as "closed" my score shot up 20 points. My question is how much of a drop should I expect when Portfolio begins reporting this on my account? It's from two years ago. I called Portfolio this morning and paid it in full. We are hoping to buy a house is March and I praying this doesn't do much damage. Any insight would be appreciated!
