Had a new collection pop up on my credit but successfully had 2 4 year old collections removed
OK gang here is the scenario. Any day now 2 collections are getting to be deleted from my credit files. They are from 2013. I just received a notification that new medical collection has appeared on my credit file. My question is will the 2 collections from 2013 being removed cancel out the new collection that just appeared? Will it still be a net positive being that 2 are being deleted but one was just added?
Re: Had a new collection pop up on my credit but successfully had 2 4 year old collections removed
It's impossible to say for sure but remember that any new entry will have a greater impact on your credit and therefore your scoring than older marks. In this case, there is no question that new collection would carry more detrimental weight than a four year old collection but the 2 old for 1 new equation is hard to speculate.