topic Re: Credit score approx gain from collection removal? in General Credit Topics

Credit score approx gain from collection removal?

Anonymous — Mon, 29 Feb 2016 17:54:55 GMT

My score is 614 Tu/604 Eq/594 exp. how much of increase should I receive having 4 collection removed from Tu/ 4 Eq and 6 experian? I haves checked on my disputes and most have been removed so far

Re: Credit score approx gain from collection removal?

Gmood1 — Mon, 29 Feb 2016 17:57:53 GMT

Spend a dollar on CCT (creditchecktotal)and see where you're at. That's the best way to know.

Re: Credit score approx gain from collection removal?

Anonymous — Mon, 29 Feb 2016 19:08:47 GMT

I'm hoping for a 35 to 40 pts increase

Re: Credit score approx gain from collection removal?

takeshi74 — Tue, 01 Mar 2016 13:55:47 GMT

No way for us to tell point impact for any change. It's not just about the change itself but one's credit profile and how the change factors in. These tend to be significant factors though.

Would this take you to 0 derogs on your reports? If not, you won't see as big of a gain if you have any lates/collections remaining versus getting all of them removed. Make sure you do whatever it takes to avoid these in future. Payment History is the biggest factor and it must be 100% positive without any lates, collections, etc.

http://www.myfico.com/crediteducation/whatsinyourscore.aspx