IS IT WORTH IT?

[cyberone28]

hi guys ive been fighting to fix my credit bumps 2 points drop 5 bump 6 etc.. lol anyways keep it up!!

the question...

1# i have 2 charge off of 2 years old, they are on my report 1 is for $648 first premier bank, the other for $278 BoA,

if i pay in full should my score goes up?? i have been contacting them by phone to do a PFD but its impossible with this danm creditors, everytime i call them and ask they transfer me to a COLLECTION AGENCY making it impossible to negociate something, 

please advises i have the money to apy them but i want to make a deal any ideas what to do??

[guiness56]

If they are reporting a balance and a CL you are being dinged twice for a single TL.  Once for the CO and one for the amount in your utilization.  Once paid they will be removed forever from your utilization.  Depending on your CR and what is on it will decide if you get a bump.

Do you know what your utilization is?

[cyberone28]

dont know but my total debt is 3, 200 and I have a 1600 in credit card with $100 balance

[mnosal9]

The OC is reporting uti which is holding your score back. Paying in full will be the same as settling except the fact that it will say paid in full instead of settled in the credit statement. As long as it reports $0.

[cyberone28]

so in other words paying in full will boost my credit score a little more correct?

so it worth the shot?