10-28-2012 06:58 AM
OC Dofd Feb 2007. CO first report date Aug 2011. Settled with CO 2days ago. Will credit score do down? If so, how much? Trying to rebuild credit to buy a house in Feb 2013.
10-28-2012 07:43 AM
Hopefully it won't go down, maybe go up a bit. Funny how these work sometimes. You'd have to have that paid off for your mortgage anyway. Now you need to GW that paid account!
Starting Score: 50410-28-2012 10:45 AM
It shouldn't go down but you will have a HUGE black mark on your CR
10-29-2012 03:46 AM
The CO is being factored into you utilization and killing your score. While it will help you score, like others have said, there will be a black mark.

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