Re: Paying off collection effect on score
06-28-2012 07:54 AM
Wth CO, the damage is already done to your FICO score. The difference really lies in if the amount of the CO is factored in to your utilization. If it is, paying the amount off can possiby increase your score.
Lender Pulled: (12/05/2012) EQ 635, TU 677, EX 641
Lender Pulled: (02/20/2013) EQ 667, TU 661, EX 648
GOAL = 700 ATB