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Score Increase

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Anonymous
Not applicable
‎02-17-2015 06:33 AM
‎02-17-2015 06:33 AM

Score Increase

I currently have in collections a credit card with a balance of $4515.00 That I will pay off in two weeks along with me owing a utlity company $108 that is also in collections this two will be paid off in two weeks. How much will my score increase?

 

Im trying to get a auto loan as of now my with Equifax is 636 and Experian is 603 

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Anonymous
Not applicable
‎02-17-2015 07:45 AM
‎02-17-2015 07:45 AM

Re: Score Increase

None if you do not have PFD agreements for those items.

 

BUT, if they are being updated each month, they should begin to 'age' after being paid, and you'll start to gain points as they age.

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App_Addict
Valued Contributor
‎02-17-2015 07:52 AM
‎02-17-2015 07:52 AM

Re: Score Increase

my advice is don't pay without a PFD letter.  Once you pay without you lose all leverage!

CURRENT SCORES: TU: 698 21 Apps / EX: 644 28 Apps / AAoA: 4.4 Yrs. / Util. 5% / Goal: 750 by 12/22

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