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Score impact when removing all collections

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Anonymous
Not applicable

Score impact when removing all collections

Once I remove all 6 collections from my CR and have 2 new cards report , what would be a good estimate of my score? myFICO shows EQ 500 TU 542 and EX 520. Thanks!

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Dw4250
Valued Contributor

Re: Score impact when removing all collections

Depends...what else is on your report? Do you have any lates or other derogs? What is your UTIL % on your open accounts?
Message 2 of 3
Anonymous
Not applicable

Re: Score impact when removing all collections

I have student loans that currently in rehab and one derog. My current UTIL is 8% but not yet reported. Thanks. 


@Dw4250 wrote:
Depends...what else is on your report? Do you have any lates or other derogs? What is your UTIL % on your open accounts?

 

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