Hi evevryone I am fairly new to myfico.com I am looking for some advice about credit card late payments. I have several credit cards which I had fallen behind on the payments for a few months but since have payed them all up to date. I do still however have a balance on all of the cards. I have several 120 day late pays on three of the cards and the other two have 90 day late. I have two questions the first is it worth sending out goodwill letters to attempt to have the late pays removed from my CR while I am still carrying a balance on the card? The second question would it be more beneficial to my FICO score to pay all the cards off at one time or continue to make payments over the next year or so to build a good paymeny history? And all of the cards have been closed by issuer.
Starting Score: 409 2/1/2011
The accounts still exist with credit cards companies, however I am no longer able to charge anything to the account. They were not charged off. They still show up as revolving accounts with a current status on my CR's. They just have a history of late payments as I described in my first post.
