Submitted by mintjuulpodluvr2000 t3_11ej7zr in personalfinance
Singer2024 t1_jaeeczf wrote
The only thing that fixes this is paying the debt and time.
It's not that much debt, certainly not enough for the stress you describe.
mintjuulpodluvr2000 OP t1_jaeftbl wrote
Starting a payment plan for my car debt soon!! Would mt credit go up from this even with the delinquent marks?
Singer2024 t1_jaege6i wrote
No, it won't. It's not like credit card debt where lowering utilization improves your score.
As time passes ( years, not months ) the impact of the delinquency gets less and less.
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