How much will last collection on credit report raise my score?

Misshopeful72 · ‎03-05-2012

I have one recent collection coming off my report and wondered how many points my score should increase? This was the only collection on my report. I still have debts that were included in my bankruptcy on my credit. Smart credit said this collection has a high impact on my score.

EQ 480 02/27/12- EQ 617 05/02/12
TU 500 02/27/12 TU 585 05/01/12
All scores are myfico

tcbofade · ‎09-26-2011

It kind of varies, so it's hard to predict...but in my case, when my only collection account was removed, my score went up 82 points.

Last app 08/08/2012. App free in 2013!

Current Scores: EX 665 (FCR) TU: 668 (Wally) EQ: Your guess is as good as mine.

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Misshopeful72 · ‎03-05-2012

Holy moly I'm hoping mine jumps up that high. My score is only 542 right now.

EQ 480 02/27/12- EQ 617 05/02/12
TU 500 02/27/12 TU 585 05/01/12
All scores are myfico

bettercreditguy1 · ‎02-11-2012

My fico TU score jumped 28 points when my one and only collection fell off. I was in the low 700's.

Starting scores 01/ 02/2012 EQ 707 TU 733 EXP 735 (FAKO)
Updated scores 05/01/2013 EQ 761 TU 780 EXP 788 (Exp. equivalency)

Remember the Three P's: Pay early in Full, Pay on Time, Patience

JenniferinFL · ‎03-16-2012

Misshopeful72 wrote:
Holy moly I'm hoping mine jumps up that high. My score is only 542 right now.

I'm in the same boat.. Finally got one deleted and my score didn't move at all, second one should be coming off soon, so I'm really hoping it moves this time..

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) USAA Fako 598 Vantage 639 (03-15-2012) Transrisk 616 (03-15-2012) Ch.7 discharged 5/2009
Current Score: 663 EQ (06-10-12) 655 TU (04-28-2012 myfico) Vantage 730 (05-15-2012) Transrisk 674 (05-15-2012)
Goal Score: 680 No more app'ing until May 12th 2013!

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Booner72 · ‎05-24-2011

50 points, i'd wager.

STARTING: 11/24/10 EQ-584 EXP-648 TU04-595
CLOSED FIRST HOME 8/19/11 EQ-630 EXP-691 TU04-653
CURRENT: EQ-701 EXP-??? TU08-720

gettingstarted · ‎07-26-2008

Depending upon what type of collection that it is you could see a significant jump in your score had one fall off two weeks ago jumped 53 points to join the 700 club

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MY FICO SCORES MAY 20TH 2012: EQ 738 TU 747 EX PLUS SCORE 761
In Garden Mode Until May 15th 2013

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Misshopeful72 · ‎03-05-2012

Awesome. I hope my score goes up 50 points

EQ 480 02/27/12- EQ 617 05/02/12
TU 500 02/27/12 TU 585 05/01/12
All scores are myfico

gettingstarted · ‎07-26-2008

I will be praying for you

Chase Military Star MasterCard(5K) Chase MWR MASTERCARD(3K) Discover More Card(6K) USAA World MasterCard(9K) Military StarCard(3K) USAA Platinum Visa (10.5K)

MY FICO SCORES MAY 20TH 2012: EQ 738 TU 747 EX PLUS SCORE 761
In Garden Mode Until May 15th 2013

Soldier Medic

Misshopeful72 · ‎03-05-2012

Thank you. I'm really trying hard to make it into the 600's on my tu report. This is my only collection.

EQ 480 02/27/12- EQ 617 05/02/12
TU 500 02/27/12 TU 585 05/01/12
All scores are myfico

Understanding FICO® Scoring

How much will last collection on credit report raise my score?

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Re: How much will last collection on credit report raise my score?

Re: How much will last collection on credit report raise my score?

Re: How much will last collection on credit report raise my score?

Re: How much will last collection on credit report raise my score?

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