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IN NEED OF ADVICE```

IN NEED OF ADVICE```

HI MY QUESTION IS WHY IS IT IMPORTANT TO PAY OFF YOUR COLLECTIONS WITH THE CA WHEN THEY ONLY REPORT THE ACCOUNT BEING PAID IN FULL ? TOO MY UNDERSTANDING I WISHED IT WOULD EFFECT IN A POSITIVE MANNER BUT ITS NOT BENIFICIAL  AT LEAST ON MY BEHALF!!! I GUESS I SHOULD HAVE ASKED FOR PFD FROM THE BEGINING.. AN  GOOD SUGGESTIONS WOULD  BE GREATLY APPRECIATED. AN THE MORE I DISPUTE THE MORE I GET UPSET WITH CRA  THEY ARE NOT ALWAYS Taking in to matters that the dept was paid off`,,,.......just venting a little im soory

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Moderator Emeritus

Re: IN NEED OF ADVICE```

Have you tried sending a GW letter?

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 2 of 3
Frequent Contributor

Re: IN NEED OF ADVICE```

Well, even though "PIF" might not help from a scoring point of view, it will certainly help in a manual review or  if u were applying for a mortgage loan, etc. Lots of lenders required that ur debts are satisfied. 

 

Dont worry though -- I understand where ur coming from! i feel ur pain! :-P

Starting Score: 526 EXP 09/2012 600 FICO 10/2012 608 EX (lenderpull)11/2012
Current Score: 705 FICO TU (10/2014)Take the FICO Fitness Challenge
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