I'm so sorry if this is something I should have been able to gather by reading through the forum. However, I couldn't find any posting that seemed to be generalizable to my situation.
Here's my situation: I have around five separate collections for $125.00 each for local urgent care type places. These are my debts, fair and square. I gathered them from 2002-2006. The collection agency is either local, or has a branch in my area. I also have a cell phone, gas bill and electric bill collection due to my mother closing the accounts a few years after I moved away from home (the bills were in my name once I hit 18 since my mother had really poor credit). The cell phone and utility collections are from around 2002-2004.
Point being, do I have a shot at GW the medical bills? Can I attempt to make some sort of arrangement like "You remove the negative status from the CRAs, and I will pay X dollars a month till they are paid off?" I'm a student, so I could not afford to pay them all off at once. For the cell phone and utility bills... Do I have any sort of chance at PFD(ing) them?
Thank you all very much. I've learned a lot reading these forums. I was under the assumption that I would have to wait for them to fall off my CR. I really want to make some sort of effort to repair my credit, but this whole GW/PFD concept has completely blown my mind, to be honest.
Here's my situation: I have around five separate collections for $125.00 each for local urgent care type places. These are my debts, fair and square. I gathered them from 2002-2006. The collection agency is either local, or has a branch in my area. I also have a cell phone, gas bill and electric bill collection due to my mother closing the accounts a few years after I moved away from home (the bills were in my name once I hit 18 since my mother had really poor credit). The cell phone and utility collections are from around 2002-2004.
Point being, do I have a shot at GW the medical bills? Can I attempt to make some sort of arrangement like "You remove the negative status from the CRAs, and I will pay X dollars a month till they are paid off?" I'm a student, so I could not afford to pay them all off at once. For the cell phone and utility bills... Do I have any sort of chance at PFD(ing) them?
Thank you all very much. I've learned a lot reading these forums. I was under the assumption that I would have to wait for them to fall off my CR. I really want to make some sort of effort to repair my credit, but this whole GW/PFD concept has completely blown my mind, to be honest.
If this post is in violation of the TOS, please accept my apologies and promptly delete it. I am not trying to evade paying what I owe, I just want to do so in a way that is most beneficial to my FICO cause.
I truly want to become a responsible debtor. Funny thing is, is that I manage the DH's credit, which was a clean slate when we began our relationship. After two years, his TU/EXP FICOs are 688! I want to be proud of my score, too.
P.S. I am so happy and relieved to find other people who are obsessed with their credit. I was starting to feel a little bit odd.
Message Edited by AthenaQ on 04-24-2008 04:16 PM
I truly want to become a responsible debtor. Funny thing is, is that I manage the DH's credit, which was a clean slate when we began our relationship. After two years, his TU/EXP FICOs are 688! I want to be proud of my score, too.
P.S. I am so happy and relieved to find other people who are obsessed with their credit. I was starting to feel a little bit odd.
Message Edited by AthenaQ on 04-24-2008 04:16 PM
Ah! I see said the blind man.
Yeah, I was wondering about the installment thing... I figured it might be okay if I got them to agree to remove the negative statement first, but I wasn't sure. I need to read up on the SOL.
Yeah, I was wondering about the installment thing... I figured it might be okay if I got them to agree to remove the negative statement first, but I wasn't sure. I need to read up on the SOL.