Re: Paying off collection effect on score[ Edited ]
06-29-2012 03:07 PM - edited 06-29-2012 03:08 PM
I used to type it out but after typing "credit reporting agencies" or "Fair Debt Collection Practices Act" a few times I began to see the value of abbreviations. When I was new I didn't know them either but after a few posts it becomes second nature.
BTW, CC does stand for credit card. CA stands for collection agency. And CO stands for charge-off.
ETA...these might help too per scoring:
Credit Scoring 101 - great for knowing what is in your credit score and to see how your score is impacted.
What Steps Do I Take - great for learning the repair process.
and Example letters - PFDs, GWs, DVs, etc.