01-10-2013 01:31 PM
I just checked my credit score an am at a 684
I had an account with amazon where I purchased 1 mp3 for about 99 cents.
I forgot about the account, and didn't pay it for about 6 months.
By then I had late fees up to about $100.
I don't know what my score was before that, but is it true it will probaby take 3 - 7 years for my credit to recover from this????
01-10-2013 01:35 PM
Even if it were a collection for $1 or $10,000, the damage is equal. It'll impact your credit for as long as it reports within is up to 7 years from the date of first delinquency of the debt (when the purchase was made).
If you paid it, mail a GW letter asking if they wouldn't mind deleting. Some do.