total amount in collections

[chevyman]

Does the total amount of all collections on CR have impact or more so that it is a collectio

[guiness56]

The collections itself.

[chevyman]

So best bet for score increase is to get them to agree to a PFD

[guiness56]

Yes.

[chevyman]

Just mailed in a request for. 2 with same company

[RobertEG]

The amoumt is not a FICO scoring issue, but it can be a major impact issue upon manual review of the credit report.

Prospective lendors will most likely take the total delinquent indebetness into consideration.

[Crossdivided]

^what the pros said^

thats why you always read about a PIF collection scores same as a 567654 dollar collection. the current fico algorithm just reads the account type/status and ignores the dollar amount (except for the newer TU i think it is, but i cant speak intelligently on that as i know zilch about it). PIF/settled/1.00 owed/ 100k owed...they all take the same score ding. but yeah, of course, when a live person is actually looking at your CR, theyd much rather see a paid CA acct vs one you ignored.