Any idea how much this 'Collection' is hurting me.

[Anonymous]

I finally had my Amex AU added but was surprised that I 'only' went from 655 to 694.

I checked and freaking Midland had added a 2 1/2 year old umpaid $1700 collection from a 6 1/2 year old account to muy efax. this after I had DV'd them and they IGNORED me and added to efax to punish me. I'm doing a variety of things to counter this, just wondering if anyone can estimate how much this is hurting me score wise?

Only other baddie is a paid collection and a 6 3/4 year old cap1 CO. Otherwise good recent account and a 37 year old history.

[CreditBob]

Let's see if this helps you out. I just had a collection account added and my score dropped minus 30 points. But they illegally did it because it is part of the bankruptcy.

[haulingthescoreup]

Sad to say, collection agencies buy lists from the CRA's to see whose scores are rising, presumably reflecting a concern for good credit. They run these names through their databases to find anything at all that they could try to collect on, and they pounce.

It is NOT a coincidence that members who have been working hard on their credit start seeing these people coming out of the cracks. Kinda like roaches.