HouseHunter wrote:I've studied up for 3-4 weeks now on credit - was clueless before (and boy was I ever). A friend of mine has a friend who is a lender and she said DO NOT PAY ANYTHING that is going to drop from your report very soon. Let it fall off. When you pay, that's new activity and could potentially end up being on your credit report for another 7-10 years. If you're only trying to rebuild your credit, you should be okay. If you're planning on making a huge purchase soon, then either way it could possibly pose problems.I just learned there are pro's and con's when it comes to things coming off of your report though. I disputed items on two of my reports. I had one negative on each of them, the same thing from 7 years ago. When it came off of TR, that score rose by 98 points. I just got notice yesterday from EX that they had deleted the account they had on file and my score with them dropped by 43 points and it was my highest score. Why the descrepancy, I don't know. It's like walking on eggshells.