Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
geniegirl87

0 Contributions
0 People Helped
How many points could my score increase by paying off collection debt

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
1202 Contributions
1710 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Probably none unfortunately, because vast majority of credit scoring models dose not distinguish between paid and unpaid collection. The two that dose, the new(er) FICO 9 and VantageScore3? hasn't been wildly adapted by lenders yet, both have been out for close to three years now. Besides lenders rarely relying on credit scores alone in their lending decisions, we don't know what lenders might choose to care about in One's credit profiles on any given day.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.