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CMJ2294

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What happens when you settle delinquent balances on a credit report?
Today I paid off all of my delinquent accounts on my report. one was a credit card and one was a cancellation fee sent to collections. I have one credit card for which I have also paid the balance in full. Will these payment affect my credit score? if so, how soon?

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Your score will go up.  Might be a few years until the delinquencies drop off but the fact that they are paid reflects very well on your score.. 

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