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jemster123

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removing an invalid balance that went to collections
i discovered that i have something in collections that was put there by mistake. insurance did cover the service, and it will now be refiled and payed. once i get this mistake off my credit report, how much will my credit score improve? the amount was for $130.00.

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Invalid Balance

Once it is paid dispute the item and it should be removed pretty quickly. You can also call the creditor and explain the situation and they can probably do this for you once they receive their payment. The removal of any collection account will have a positive impact on your score. The increase in score will depend on what the rest of your report looks like generally but I would expect at least a 20 point bump. Hope this helps.

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