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Collections/Chargeoffs on CR-Credit Score

Answered by: 

Question: 
If a member has collections and chargeoffs on their credit report and they want to payoff one or the other, paying off which one will help their credit score the most?
Answer: 

That is a question for a credit bureau and it may be determined by the algorithm used for a specific sort of score.

First published on 08/30/2020

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