Ok. I am back! I recieved a credit alert, I am at 452.
I have paid off all the baddies except -
96.00 Verizon collection
324.00 Verizon Collection
642.00 Spiegal Charge card - settlement of 257.01 accepted
I am trying to rebuild credit. The settlement from Spiegal - should I attempt a PFD?
(I am 1/1 with PFD's)
I have a vehicle title, and I want to reestablish my credit - should I take out a small collateral loan at a major bank (500CL) just to have a revolving account on my credit? Will that boost my score?
Secondly, why does your score jump up when you pay off a collection vs a old charge off account.
Thanks in advance