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How long is a collection considered a new collection?

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Anonymous
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Re: How long is a collection considered a new collection?


EddieX wrote:
Collections may age but they still stop you from getting certain types of credit.

True that.  I am a perfect example of this.  My scores are ~700 because my collection and charge offs are old, but I still can't get approved with many CCCs (Amex, BOA, Citi, etc).
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