Paid Collection

[DEcreditguy]

I am having a paid collection in the amount of $650 from Sept '04 removed from my report. My EQ score is 650 and my EX score is 700....how much, if any, of a jump should I see in my score....ballpark. Thanks

[Junejer]

Depends. What other CAs are on the reports? Are there any other baddies there as well?

[DEcreditguy]

No other CA's but I have a bunch of lates w/ the Dept of Ed. Maybe 3x 120. Pretty recent as well, about 3 months old. Trying to get those removed as well. 

[Junejer]

That major baddie (120 dpd) is going to hold you back, I'm afraid. I wouldn't expect too much, if any increase.

[Anonymous]

If you're having trouble making student loan payments, you should try going online to the dept of ed. website and file for an "economic hardship deferrment" request.  It might help.

Dan