If you purchased a single-user license for an edition of QuickBooks, your license entitles you to install the software on a total of two computers, provided that you own both systems. These two installations enable you to work at your office on one system and continue your work at home on another computer.
When collections first show up on your credit report, you can expect your credit scores to drop anywhere from 50 to 100 points depending on how high your credit was to start. In general, the better your credit, the worse the hit will be. Over time, the collection account will affect your credit less and less.
How 180 Day Late Payments Affect Credit Scores. Once a late payment hits the 180 day point, itâs generally turned over to a collection agency. Having an account turned over to collections drops a 900 point credit score by 165 to 185 points. It will only drop a 760 point credit score by 105-125 points.