https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396807#M573293 <P>Do you have other major derogs, such as a monthly 90+ late, a CO, or a public record, in your report?</P><P>If so, your scoring continues to be under a less-favorable scorecard until all major derogs are gone, after which you will be re-bucketed into a more favorable ("clean") credit scoring category.</P><P>&nbsp;</P><P>Stated simply, the scoring impact of removal of a major derog depends upon what other major derogs also remain.</P><P>If your last major derog, the impact will likely be substantial.</P> Wed, 31 Oct 2018 21:12:15 GMT RobertEG 2018-10-31T21:12:15Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396539#M573258 <P>As the title says, I&nbsp;recently&nbsp;did a PFD for the only collection on my credit reports. I have two questions:</P><UL><LI>What type of score bump (if any) can I expect?</LI><LI>Does&nbsp;settling the debt put me back in the good graces of the original creditor (Citi store card)</LI></UL><P>According to PRA it will take about 30 days before it's&nbsp;deleted from my reports and I'm very anxious! I realize everyone's file is different but I'm wondering what type of score bump I can expect (if any). It is the only collection on my report. It is an $849 balance that was sent to collections in February 2015. My current FICO score, according to Amex is a 671 (which includes the collection)</P><P>&nbsp;</P><P>The settlement was for about 40% of the balance (It was a fraudulent account but considering the cost it was easier, faster and cheaper to&nbsp;settle). My concern is that it might now be&nbsp;difficult or impossible to get a Citi card in the future. So... I'm having some buyer's remorse that I did not go through the hoops of getting another police report and disputing it. Shoukd I be concerned that I am now blacklisted by Citi?&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Wed, 31 Oct 2018 15:59:55 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396539#M573258 Caardvark 2018-10-31T15:59:55Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396807#M573293 <P>Do you have other major derogs, such as a monthly 90+ late, a CO, or a public record, in your report?</P><P>If so, your scoring continues to be under a less-favorable scorecard until all major derogs are gone, after which you will be re-bucketed into a more favorable ("clean") credit scoring category.</P><P>&nbsp;</P><P>Stated simply, the scoring impact of removal of a major derog depends upon what other major derogs also remain.</P><P>If your last major derog, the impact will likely be substantial.</P> Wed, 31 Oct 2018 21:12:15 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396807#M573293 RobertEG 2018-10-31T21:12:15Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396834#M573298 No other collections<BR />No charge offs<BR />No public records<BR /><BR />I do have a total of six 90 day lates across three creditors. All of them were in 2015.<BR /><BR />I've had other lates but none more than 30 days and none more recent than 2 years ago (23 months) Wed, 31 Oct 2018 21:44:40 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Just-did-a-PFD-Have-some-questions/m-p/5396834#M573298 Caardvark 2018-10-31T21:44:40Z