01-24-2013 05:22 PM
Send the PFD by snail mail first, then try a couple PFDs up the ladder.
01-24-2013 07:37 PM
Hmmm...snai mail may be a bit tricky since I'm living in Thailand.
Will this adversely affect my credit the longer it stays on?
Specifically, will having it on there for 3 or 4 months whilst trying to get it removed bring my credit down even further?
If so, I will probably just pay it off.
As alwyas, thanks a bunch!
01-24-2013 07:42 PM
No, actually as it ages it hurts your score less.
01-24-2013 09:44 PM
If I don't pay if off and it ages my score gets better.
But, if if pay it off now and it is still there will it get better faster?
The reason I'm concerned is that I may be moving back to the US in July. If I do I will need to buy a car.
01-25-2013 05:05 AM
From a scoring point of view, it does no good to pay the debt. Unless it is from the OC and is a debt that is factoring into your util, the paid/unpaid doesn't matter to scoring, they are looked at the same. A PFD would be the best route, it would remove the TL entirely.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.