I submitted a dispute for my 2 collections a couple weeks ago. I got this (screen shot) today
What effect will having one remoed from my credit report have? My Experian Mortgage Score was at 602...
Sucks I still have one on there but dropping from 2 to 1 collection will jump m... 5 points...50 points?
any insight would be great
Looks like FICO 8 went from 638 to 646
and Mortgage FICO 2 went from 602 to 650!
I hope this is correct. Does that sound right?
The same thing happened to me when I sent them(Portfolio) a PFD. They responded as though it were a dispute. My assumption is that they will be re-reporting it shortly. I'm so upset about it.
Really? That's awful. This wasn't a PFD though. Maybe thats the difference...?
They treated my PFD letter as a dispute. I got two form letters from them today verifying my debt, even though I never disputed it. No reference to anything I actually wrote in the letter.
Having this collection removed was the difference between qualifying for a mortgage and not. I'm going to be homeless over a $700 collection bill that I'd gladly pay three times over to make it go away. PRA is an absolutely awful company.