Would someone be able to help me make sense of this - desperately need 10 point for mortgage app.

[TanterBeans]

HSBC BANK
	EXPERIAN	EQUIFAX	TRANSUNION
Account Name:			HSBC BANK
Account Number:			51559900XXXX
Acct Type:			Revolving account
Acct Status:			Closed
Monthly Payment:
Date Open:			2/22/2007
Balance:			$0.00
Terms:
High Balance:			$873.00
Limit:			$500.00
Past Due:			$0.00
Payment Status:			Payment after charge off / collection
Comments:			Dispute resolved; customer disagrees
24-Month Payment History	?  Legend
Date:	Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec - - - - - - - - - - - - - - - - - - - - - - - -
Experian:
Equifax:
TransUnion:

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[TanterBeans]

LVNV FUNDING
	EXPERIAN	EQUIFAX	TRANSUNION
Account Name:	LVNV FUNDING LLC	LVNV FUNDING LLC	LVNV FUNDING
Account Number:	310021XXXX	310021XXXX	31XXXX
Acct Type:	Debt Purchase	Open Account	Open account
Acct Status:	Closed	Closed	Open
Monthly Payment:
Date Open:	12/1/2008	12/1/2008	12/15/2008
Balance:	$858.00	$858.00	$858.00
Terms:	1 Month
High Balance:		$684.00	$684.00
Limit:
Past Due:	$858.00	$858.00	$858.00
Payment Status:	Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department	At least 120 days or more than four payments past due	Collection account
Comments:		COLLECTION ACCOUNT	Account information disputed by consumer
24-Month Payment History	?  Legend
Date:	Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 13 13                                               KD OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK
Experian:
Equifax:
TransUnion:

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[TanterBeans]

MIDLAND FUND
	EXPERIAN	EQUIFAX	TRANSUNION
Account Name:	MIDLAND FUNDING	MIDLAND FUNDING LLC	MIDLAND FUND
Account Number:	853865XXXX	853865XXXX	853865XXXX
Acct Type:	Debt Purchase	Open Account	Collection Account
Acct Status:	Closed	Closed	Open
Monthly Payment:
Date Open:	2/1/2011	2/1/2011	2/8/2011
Balance:	$2,683.00	$2,683.00	$2,683.00
Terms:	1 Month
High Balance:		$1,684.00
Limit:
Past Due:	$2,683.00	$2,683.00
Payment Status:	Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department	At least 120 days or more than four payments past due	Collection account
Comments:		COLLECTION ACCOUNT	Placed for collection
24-Month Payment History	?  Legend
Date:	Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 13 13   KD KD KD KD KD KD KD KD KD KD ND KD KD KD ND KD KD KD KD ND KD KD KD OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK
Experian:
Equifax:
TransUnion:

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[TanterBeans]

MIDLAND FUND
	EXPERIAN	EQUIFAX	TRANSUNION
Account Name:	MIDLAND FUNDING	MIDLAND FUNDING LLC	MIDLAND FUND
Account Number:	854014XXXX	854014XXXX	854014XXXX
Acct Type:	Debt Purchase	Open Account	Collection Account
Acct Status:	Closed	Closed	Open
Monthly Payment:
Date Open:	6/1/2011	6/1/2011	6/10/2011
Balance:	$1,107.00	$1,107.00	$1,107.00
Terms:	1 Month
High Balance:		$874.00
Limit:
Past Due:	$1,107.00	$1,107.00
Payment Status:	Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department	At least 120 days or more than four payments past due	Collection account
Comments:		COLLECTION ACCOUNT	Placed for collection
24-Month Payment History	?  Legend
Date:	Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 13 13           KD KD KD KD KD KD KD KD KD KD ND KD KD KD KD ND KD KD KD       OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK
Experian:
Equifax:
TransUnion:

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[TanterBeans]

PIN CRED SER
	EXPERIAN	EQUIFAX	TRANSUNION
Account Name:	PINNACLE CREDIT SERVIC	PINNACLE CREDIT SERV	PIN CRED SER
Account Number:	KZ05XXXX	KZ05XXXX	KZ05XXXX
Acct Type:	Debt Purchase	Open Account	Collection Account
Acct Status:	Closed	Closed	Open
Monthly Payment:
Date Open:	3/1/2011	3/1/2011	3/30/2011
Balance:	$1,713.00	$1,713.00	$1,713.00
Terms:	1 Month
High Balance:		$1,713.00
Limit:
Past Due:	$1,713.00	$1,713.00
Payment Status:	Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department	At least 120 days or more than four payments past due	Collection account
Comments:		COLLECTION ACCOUNT	Placed for collection
24-Month Payment History	?  Legend
Date:	Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb 11 11 11 11 11 11 11 11 11 11 12 12 12 12 12 12 12 12 12 12 12 12 13 13     KD ND KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD KD OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK OK
Experian:
Equifax:
TransUnion:

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[TanterBeans]

We just paid off all our current/active cards - except for a small $35 balance for reporting purpoes to help boost score.  I just noticed that the bankruptcy is only reporting on 2 reports.  That's odd?

So you really think it would help boost our score to pay off the Cap One?  I could try to settle for less?  The VA Loan guy told me it woud hurt my score because it would report with a newer date of last activity date!!  I'm in shock hearing this now???

[TanterBeans]

I'm completely dumb-founded why the bankruptcy fell off the Equifax report.  I just looked through the whole report and it's just...gone.  I double checked the dates on the other reports and it clearly says "scheduled to fall off Oct 2015.".  This is weird.

I am completely not complaining though!!!!!!!!!!!!!

[TanterBeans]

Are there any other ones I should try to settle besides capital one? I'm asking because its the largest one so it might eat up all my money right now. So if I pay this cap one, the damage I would get from last activity being updated would be offset by there showing a zero balance?? This could mean so much to us point wise!!

Thank you soooo much for your advice!!

[TanterBeans]

Just wondering if anyone else would like to take a look at this and offer any suggestions?  I'm so desperate~!  Thank you all for your help!!!

[llecs]

---

@TanterBeans wrote:

We just paid off all our current/active cards - except for a small $35 balance for reporting purpoes to help boost score.  I just noticed that the bankruptcy is only reporting on 2 reports.  That's odd?

So you really think it would help boost our score to pay off the Cap One?  I could try to settle for less?  The VA Loan guy told me it woud hurt my score because it would report with a newer date of last activity date!!  I'm in shock hearing this now???

---

If I had that, I'd pay off the CapOne and First Premier ASAP. CapOne alone is over 200% util. CapOne recently updated last month so there is no worry there with any score impact due to newer dates. Likewise, FP recently updated within the past few months and there's no worries there either. You could offer a settlement, but be prepared to pay 100% if time is at a premium. 

On the CAs, send DVs. If they verify and you agree, then send a PFD. Likewise be prepared to have 100% on standby. Your lender will likely require you to pay them off, PFD or not.

Also give yourself some time on the process.