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PFD collection account

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Anonymous
Not applicable
‎08-23-2009 12:53 AM
‎08-23-2009 12:53 AM

PFD collection account

Does it ever affect your credit negitive to PFD a collection account on my CS.  I have 3 collection accounts showing and I could pay them off but I am going to try to get a FHA loan and I don't want to lower my scores.  Should I wait for the LO to say I need to pay these off to be approved?

 

Also, how much do you think having one account that is a PIF auto loan that is showing 3 lates goodwilled off my CR will effect my score?  my TU score is 565 and my EQ score is 628

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Anonymous
Not applicable
‎08-23-2009 02:59 AM
‎08-23-2009 02:59 AM

Re: PFD collection account

The only bad thing a PFD on a collection account could possibly cause would be loss of history.  

 

You probably would not get the entire auto loan removed and probably should not.  I would try to GW for the lates only.

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