These people are evil ! I have a 6.4 year old CO with FP that reports MONTHLY UNPAID as a CO, to all 3 bureuas. I know it must be killing my score even though it is so old due to reporting monthly as a CO not paid. It is due ot age off in APRIL, as an EARLY EXCLUSION .. my question is, IF I PAY these people NOW, will I see any score benefit? They have so far refused PFD and all that, I have tried every route possible even thewir lawyer -- who was horrendous to deal with as well.
I have one more letter in to a higher up for a PFD, using the strategy that it is aging off in 8 months and I am offering FULL PAYMENT of $420. I am told all different stories:
* If I pay it off, my scores may actually DROP temporarily due to updating status -- but it updates monthly as unpaid anyways CO, so this makes no sense to me
* If I pay it off, my scores may rise a bit, as it will STOP reporting monthly and repoort as closed and PAID CO, then rise greatly when its off completely
I'm lost and need guidance. I can afford the $420 and this is my LAST BIG BADDIE!!!! I have a few 30 daty lates from a year ago .. my scores are averaging 640, up from 570s not long ago. I'd love to see this removed but have few options left ... do I pay or let it age off ?!! I am looking to app for some prime cards for travel as I will be going abroad much of 2016 -- and the only reason they cited for denial on manual review was this unpaid CO!!! HELP!
