I have recently used a credit repair agency which was able to remove some derogs from my report but actually ended up hurting my score as things got updated. I am currently left with 2 old capital one charge offs from "11 and "12 that are both paid off. They were sent to collections agency and so they both show charge off with $0 balance from the actual Capital one entries. One collection agency shows paid and the other was actually deleted. FYI for questions below I am planning on buying a home in the next 4-6 months. So questions number 1!
1. Capital one has refused to delete these entries and when disputing them it was only updated. Should I request that the status is changed from charged off to paid charge off from capital one? These accounts were sold to collections agency and I didn't want to worsen anything by getting this changed.
2. I also have a First Premiere that was charged off in "08 that is paid in full. This is showing as an "open" account on my Eq and Ex reports, closed on Trans . I am assuming that when it reports as paid and closed I will take a hit again???
3. I also have a CitiFinancial account from "11 that was charged off and will be paid in full this Fall unfortunately again will this decrease my score when paid off?
4. Finally I do have a capital one card that has a $500 balance on it. Last month I ensured that $0 was reported and saw a 10-18 point increase. I have a secured TD bank card with $500 and ensured that only $40 was reported and saw a 12 point increase in 1 Ex. I am still waiting on the others to report. My question is how long do you see these types of point increases with low balances reported? These cards were just obtained in 2/2015 and 4/2015 but last month was the 1st month of <10% utilization reported.
THanks for any help!!
6/15 Eq 585 Tr 608 Ex 604
