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
PeaheadCT

0 Contributions
0 People Helped
I have had 5 collection accounts removed from my reports, but my credit score has not changed.
I have paid off 5 collection accounts and the creditors all agreed to have the accounts completed removed from my credit reports. They I have been removed by my credit score remains the same. I have read on Credit Karma where other people have done this and have seen a credit score increase of over 20 points. Nothing else has changed on my credit report, so I am wondering why my score has not gone up at all?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-5 of 5Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
1884 Contributions
3672 People Helped

You don't say how long ago

the accounts were removed from your report.  It can take 60 to 90 days for things to be reported and cross reported before you see changes.

It should correct itself soon, if there is nothing else puling your score down left on your report.

Good luck

Top Contributor
5038 Contributions
1134 People Helped

Yeah, something is messed up there. That would definitely improve your credit without any doubt. Be patient for a couple weeks and see what happens. You may want to look at your FICO scores too.

Top Contributor
97 Contributions
131 People Helped

Hey Peahead CT! You may want to pay (I think it's $7.99?) to get your actual FICO scores. CK's scores are not accurate and items/changes to your credit report are usually reported with a lag. If you haven't already yet, you should also pull your actual credit reports 60-90 days after the creditors have agreed to remove the negative marks, just to make sure they are indeed removed. If they are, your credit score will no doubt improve. Everyone's case is different- i don't doubt that some peoples' scores improved 20+ points immediately after- but I wouldn't fret if yours didn't improve the same number of points right away. Hope this helps!

Top Contributor
97 Contributions
131 People Helped

undefined

1 Contribution
0 People Helped

 I have had 10 collection accounts removed from my credit and Equifax told me they will not raise my credit score, does anyone have any advice?

Results 1-5 of 5Results 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.