Hi everyone,
It's been a while since i have been on because i have been busy with work, life and getting my CR cleared up to get a house. I am down to my last 10k in debt and will have it all paid off in about 5 months. 
On the last few accounts, what letter should i be sending? I want to pay them off in full but want to make sure there removed from the CR report.
Also i recieved a email from a old car loan "X let it get taking back". I thought it was settled but i guess not. The email was for a settlement. Basicly 1700 which is 30% less of what is owed. I will have to pay this also. What do i need to do with this? Is there a letter i can send saying i will pay the 1700? But i dont want it to show up on my CR as paid for less amount. Instead for paid as agreed? Also i am not sure when this will drop off. On my CR it says. Reported 01/14 Open 09/06 and DLA 03/12 So reading that. Shouldnt it have droped off my report?
Thanks
Jason
@superdad wrote:Hi everyone,
It's been a while since i have been on because i have been busy with work, life and getting my CR cleared up to get a house. I am down to my last 10k in debt and will have it all paid off in about 5 months.
On the last few accounts, what letter should i be sending? I want to pay them off in full but want to make sure there removed from the CR report.
Also i recieved a email from a old car loan "X let it get taking back". I thought it was settled but i guess not. The email was for a settlement. Basicly 1700 which is 30% less of what is owed. I will have to pay this also. What do i need to do with this? Is there a letter i can send saying i will pay the 1700? But i dont want it to show up on my CR as paid for less amount. Instead for paid as agreed? Also i am not sure when this will drop off. On my CR it says. Reported 01/14 Open 09/06 and DLA 03/12 So reading that. Shouldnt it have droped off my report?
Thanks
Jason
Is the "old car loan" on your CR? If not, it would be a good idea to try to get them not to report at all...if its reporting try to get them to delete after you pay the settlement... For exclusion dates, You need to find out the date of first delinquency and then count 7-7.5 years from there. Keep up the good work.
012019 Fico8/Mortgage Score: 
Does it have a drop off date?
@superdad wrote:Hi everyone,
It's been a while since i have been on because i have been busy with work, life and getting my CR cleared up to get a house. I am down to my last 10k in debt and will have it all paid off in about 5 months.
On the last few accounts, what letter should i be sending? I want to pay them off in full but want to make sure there removed from the CR report.
Also i recieved a email from a old car loan "X let it get taking back". I thought it was settled but i guess not. The email was for a settlement. Basicly 1700 which is 30% less of what is owed. I will have to pay this also. What do i need to do with this? Is there a letter i can send saying i will pay the 1700? But i dont want it to show up on my CR as paid for less amount. Instead for paid as agreed? Also i am not sure when this will drop off. On my CR it says. Reported 01/14 Open 09/06 and DLA 03/12 So reading that. Shouldnt it have droped off my report?
Thanks
Jason
Congrats on getting your house in orderl. What is the DOFD of that car loan? that is the key date for reporting purposes, the DOLA is irrelvant for CRTP calculations. What are the other baddies you will be looking at taking care of? Medical, cc, etc..
DOFD date of first delinquency
@NWintellectual wrote:I know TU and EX will state that "this account is scheduled to remain until MM/YYYY". Calculate 7-7.5 years prior to that date.
+1
If your PFD does not go well with the medical collections you can attempt the HIPAA Process, you can google it for more info.