Account sent to collections ($110) for gym membership that was cancelled. Credit heavily affected.

Hello everyone!

I'm in the process of changing jobs, and with that trying to downsize. Have been trying to find a cheaper apartment, trade my car in, etc.

Found out today that last week I had an account go to collections from a gym membership that I had cancelled after moving away from the area. I was never contacted and told there was any outstanding charges.

My score dropped from 680 to 586, with this collection and one hard inquiry from searching for an apartment.

I called and paid it off, but was wondering if and when my credit would begin to improve? My rates for car loans have gone up substantially after this change, and is making it difficult to find something in my budget.

Any advice?

Thanks!!

Submitted September 29, 2018 at 04:47PM by Twigger88 https://ift.tt/2Ray78i