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nickchat

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Collection Expirations FICO not improving with age of collections
I have about 9800 in collections that are 6y4m-6y9m old. DLA is 2006, so it would be in my best interest not to pay them. All accounts on my credit file are 0x30, including monthly reporting collections, which will be removed in 3 months. This leads to a 99.4% on time percentage. Yet in 2007 my fico was 681 when i just had the collections placed and virtually no on time payments and now it's 515 555 541.

1 yr ago was 608, 586, 549. Why isn't the score improving removed total debt from 165,000 to 160,000. Mortgage is 6 yrs old and 0x30 145k approx.

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