@Anonymous wrote:I have 3 baddies remaining on my reports. I would like to purchase a home next year and I want to make sure I handle removing these accounts in the best way. The three accounts are with the following agencies:
Diversified Accounts (Verizon)= 584 Reporting incorrect amount actually owed is $583.50
Portfolio Recovery = 1,123
Calvary 4536
My question is should I try to settle these accounts and then goodwill? Or should I pay all of them in full? I have already contacted Diversified and they said they could settle the account for Settled In Full for 233.40. I know that Settled In Full is not good UGH what to do!!!!!
Settled in full or settled for less than full balance are the same in the eyes of Fico, its an underwriter who may question why you dint pay in full. You want to try to get the OCs on these to recall the collector (assuming they still own the debt) in exchange for full payment if they wont then you want to offer the CA a PFD. One other thing dont contact them unless you can pay in full if these are still inside states SOL as they can still use the courts to get a judgment. Good luck 
http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/PFD-Q-amp-A-Examples-and-PFD-Success-Stories/td-p/2031275
http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/PFD-Example-Letter/td-p/4519
