Starting over....AGAIN.... Please help

[MichiganMommy]

I am starting over again with scores in the mid-500s. Yea, I know, they suck. The only area bringing me down is paying on time. Since I joined this group about a decade ago I have gone through a bought a house, car.... Lost a house (special handling foreclosure but it does not show up as one), lost a car (repo), pregnancy, divorce, cancer, sick child (my youngest is legally blind and has a colon disease that predispositions him to cancer). The bottom line is things have been far more DOWN then up... But God is reigning in my life and I am about to turn the corner and receive a blessing I can feel it...

I have 7 collections and most of them are stupid, below $500. I am going to make arrangemnts with all 7 of them to pay them off provided they agree to remove from report. Will that impact my score? If so, by how much?

Any other suggestions?

Thank you... MM

[RonM21]

First, sorry for all of the struggles you have had. I wish you the best moving forward! You are on the right track with how to handle the collections. If they PFD and come off your report, it will give a positive impact to your score for each one. Hard to tell by how much, but if 7 are removed there would likely be a huge score boost.

[fishbjc]

You're going through a lot!  You have my sympathies for your troubles.  Life can be brutal.  A big ol cyber-hug heading your way.

[fishbjc]

I had a CA on my report that showed up for an account that had been paid long in the past.  It cost me 35 points.  When they removed it, I gained all 35 back.  I think I was in the low 600's at the time.  You should see a nice boost.

Keep at them and work it hard.