https://ficoforums.myfico.com/t5/General-Credit-Topics/Charge-off/m-p/5006491#M247327 <P>If you can get deletion of a reported charge-off or collection, that removes a major derog from scoring, so yes, it will always help.</P><P>However, FICO scoring places you into a less favorable scoring category ("bucket") when you have any remaining major derogs</P><P>&nbsp;</P><P>With three charge-offs, the removal of only one will likely not result in huge score improvement.</P><P>However, once all major derogs are deleted or excluded, you will likely see a significant score boost.</P> Sun, 23 Jul 2017 18:08:49 GMT RobertEG 2017-07-23T18:08:49Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Charge-off/m-p/5006452#M247325 <P>So my credit score is about 600 it's been stuck there for a minute, I do have a cap one quicksilver card and a car loan and a personal loan from USbank, anyways I also have 14 inquiries and 3 charge off accounts with a balance of about 500$ for all three of them.If I pay the charge off accounts would that boost my credit score at all if I get the company to remove it?</P> Sun, 23 Jul 2017 16:52:35 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Charge-off/m-p/5006452#M247325 Anonymous 2017-07-23T16:52:35Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Charge-off/m-p/5006491#M247327 <P>If you can get deletion of a reported charge-off or collection, that removes a major derog from scoring, so yes, it will always help.</P><P>However, FICO scoring places you into a less favorable scoring category ("bucket") when you have any remaining major derogs</P><P>&nbsp;</P><P>With three charge-offs, the removal of only one will likely not result in huge score improvement.</P><P>However, once all major derogs are deleted or excluded, you will likely see a significant score boost.</P> Sun, 23 Jul 2017 18:08:49 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Charge-off/m-p/5006491#M247327 RobertEG 2017-07-23T18:08:49Z