05-16-2013 12:37 PM
Which of these would increase your score and look better to lenders pulling your report as well:
On report now: 1 Paid CO
5 Paid CA
Would getting the Paid CO deleted increase your score more or getting the 5 paid CA deleted?
On average by how much on each scenario??
05-16-2013 01:03 PM
Getting the 5 CA deleted would have the better impact. It is hard to say how much. There are too many factors in scoring to determine that. But, the newer the collection the bigger impact on your score.
05-16-2013 06:39 PM
Getting the most recent derogatory information removed would help the score
05-17-2013 11:28 AM
05-19-2013 07:00 AM
I would say the answer to that depends a lot on the dates involved. Effects of things on your report vary a lot by date. 4 years is a big inflection point as is 6 months, or 2 years... As someone else said, the most recent things count the most.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.