Valued Contributor
Posts: 1,671
Registered: ‎05-24-2007
Re: Help with understanding score raising

At this point the collection is keeping you in the derogatory scoring buckets. If it is your only major derogatory, it will gradually hurt less but will still have substantial effect until it drops off at 7-7.5 years.


The two 30 day lates have almost no effect at this point.


The maxed out CapOne is hurting you quite a bit. Pay it down so it reports almost nothing and see what you can get. It could be worth 30-70 points as a guess.