My middle score is 635. I have 2 small cedit cards and a mercedes loan as open trade lines. I just paid off an old collection and a judgement, how much can I expect my scores to increase? Thanks in advance

Jay

Your score will not drastically improve immediately. Some of your score is also based on the percentage of the credit card limits you have used. The lower the percent, the higher your score will be. The judgement and the collection being paid will initially only impact your score by 5-15 points, if they are being showed as paid, but don't count on it. Make sure you send copies of what you have as proof of payment to all three major bureaus to make sure they have accurate information. It usually takes 4-6 months after they've been showed as paid for them to have a more dramatic effect on your scores. In that period, if you work on paying down your credit card balances, you could easily be over 700 on all three bureaus.