Question : How much can the removal of one collection item on my Equifax report raise my score?
I've got one collection item on my report, in the amount of 186 bucks. Up till now, I've simply ignored it, as I have qualms with its legitimacy. But I'm wondering now if, by paying this item, I would enjoy a substantial increase in my credit score. My Equifax score is a 661 right now. What sort of increase would I realize from the deletion of this one little item?
- asked by kevinb671
All Answers: Answer #1you can't remove a collection item from your credit report; however, it'll reflect that itspaid with a $0 balance. equifax has a score powerproduct that has a interactive score simulator. check it out from the equifax link at the bottomof the webpage
http://efppublishers.com/About_Us.html
- answered by hi91977
Answer #2
Use the credit score simulator in the link below. You can put in different financial scenarios tosee how your credit scorefluctuates.
http://www.truecredit.com/help/learnCenter/welcome/scoreSimulator.jsp
- answered by elletera
Answer #3
80-100 points. I would not let them extort $186from you when you could use do it yourself creditrepair for this simple 1 liner off your creditreport for less than $20. Usually companiescharge hundreds of dollars to simply pull yourcredit and send correctly worded disputeletters—this is the key…..people will tell youthat you can do this yourself for free but thetruth of the matter is that the credit bureauswill throw your letters away or simply rejectthem. There is an easy to use online kit thatwill deliver the results you want available forjust $19.95 at the source website. A similar kitis being sold via infomercials and radio talkshows for seventy dollars more but they try tosolicit you repeatedly for other services afterthe fact.
- answered by stephen l
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