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I received a credit alert from myfico.com that there has been an update to a collection account on my report.
I did have this account under dispute through Experian but it was not resolved.
Anyways, the balence was 727 and newly reported it is blank.
Then under Description, it previously said collection account and now it says
Consumer Disputes this information
Collection account.
Would the balence reporting as nothing be the beneficial factor here? My fico went up 10 points.
Thanks! Any thoughts are greatly appreciated.
Was it showing in dispute before this update? Also what type of collection account is it ?