I am in the process of helping my wife fix her credit. We sent several GW letters and PFD letters. Upon sending these letters and disputing some innacurate information like balances ect, all of the C/O's disappeared except for one. My questions are:
1. Will the CA readd the accounts to her credit report
2. How long will it take until they find out that they have been removed from her report
3. They're unpaid. Should we just pay them before they're added back to her reports?
4. Do lates on a fully paid off account hurt at all (i.e auto loan had several lates but we paid it off last month)
Were looking to apply for a mortgage within the next 45-60 days so any information would be greatly appreciated.
Starting Score:TransUnion: 698 (12 FEB 2010), Equifax: 674 (12 FEB 2010)
MrChairman wrote:I am in the process of helping my wife fix her credit. We sent several GW letters and PFD letters. Upon sending these letters and disputing some innacurate information like balances ect, all of the C/O's disappeared except for one. My questions are:
1. Will the CA readd the accounts to her credit report
2. How long will it take until they find out that they have been removed from her report
3. They're unpaid. Should we just pay them before they're added back to her reports?
4. Do lates on a fully paid off account hurt at all (i.e auto loan had several lates but we paid it off last month)
Were looking to apply for a mortgage within the next 45-60 days so any information would be greatly appreciated.
If they are unpaid, then yes, there is definitely a chance for them to come back. They may or may not know if they were removed. How old are they? You might want to look at that, are they past the SOL? Yes, lates, even on a paid off account will still be derogatory.
Starting Score: 504
Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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