Sub: #1 How long does it take
Replied on 01-12-2007, 04:47 AM
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Once you get all your Credit car and Loan payments up to date and the collections on your report taken care of, how long does it take before your credit score starts going up?

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Sub: #2
Replied on 01-12-2007, 11:39 AM
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Credit and car payments will be updated with the bureaus. This will boost up your credit ratings within 46 to 60 days. However, the collections will still stay in your file even after the account is paid off. It will show up as "Paid collections". Although, the item is a derogatory remark in the file, but it will improve your credit slightly. You may negotiate with the collector to remove their remark completely. If this happens, your credit will give the best effect.

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Sub: #3 Clear up collection on credit report
Replied on 09-04-2008, 10:16 AM
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A collection on my account has been successfully disputed and the agency is deleting from my file and alerting the 3 bureaus...how long does it take them (EQ, EXP, TU) to remove it from my report and improve the credit score?




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* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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