First things first thanks to all you guys for all the knowledge on this site...Its truly awesome. Ok, I finally got the score I needed for the mortgage but they said there are 5 old accounts from 2004-2007 that must be paid before I can get the loan (its not just score you guys you can't have collections with a balance). I contacted all of them and they are all offering a settlement but my middle score is 627 and 620 is the cut off. Is it true that paying old debits will lower my credit score and should I pay in full or settle. Thanks in advance!
