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In terms of your credit report, expect your score to improve after 6 in typical situations,
however if the delinquency is removed from all three credit reports, your score will improve after 3-6 weeks after the item is reported,
hi, thanks for your response. when you say increase, will the FICA go back to where it was so that I can continue my loan processing as it was before this score. The loan company said I needed 740, and I had a 748 before the $2.00 mistake
In reality it should go up to the 740 range, but knowing the credit bureaus, do not expect such a large increase after the removal of the negative item, I would expect a gradual increase, and eventually reaching that number in a few months.
Thats great.. thanks ever so much.
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