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I am working at getting all of my collections off my reports. I'm not too far off but I had a question. I know charge off's don't look good but when I finally get to $0 collections and hopefully get them off my report will that boost my score even if I have charge offs. How does it look to lenders?
@Anonymous wrote:I am working at getting all of my collections off my reports. I'm not too far off but I had a question. I know charge off's don't look good but when I finally get to $0 collections and hopefully get them off my report will that boost my score even if I have charge offs. How does it look to lenders?
Once they stop updating and are able to age back then your Fico will begin to recover. To other lenders it looks like you did take care of your problems and on a manual review it would go better for you.