Please help... what should I do first

[Anonymous]

My boyfriends credit is horrible. I am trying to help him and I don't know what I should do. Over the last 3 years he has accumilated over 12 accounts in collections, ranging from $69 to $4869. He is now willing to start paying on them but would like to boost his score. I few of the accounts he says were wrongly charged and thats why he claimed he did not pay it. But I was wondering what would be the best actions to take. I saw a pay for delete letter but I am unsure what amount on the dollar is acceptable to pay. His current credit score is 475 there are about the items in collections that he will need a payment plan or something to pay the full balance. He has no open credit accounts. If you need more info write and I will be happy to give you the info.

[ngerasimatos]

About how many accounts and how much total collection/creditor debt does he have outstanding?

The first and best suggestion is to pull all 3 credit reports and make a list of whats owed, the amounts, and when these items are scheduled to drop off.

[Anonymous]

He owes:

$64-Sep 2005

$143- July 2007

$600- Nov 2007

$144- Sept 2006

$244- Feb 2006

$320- Nov 2007

$679- May 2007

$457- Feb 2007

$69- Sept 2006

$4503- May 2006

$4010- May 2006

$151- May 2006

$45- May 2006

$281- March 2005

All of these dates are the dates they were sent to the collection agency. They all have a long way to go before they drop. He has no idea of what many of there are and this is the first time he has seen his credit report.

[Anonymous]

and how can I find out who the collectors are all the collection agencies are numbers... can I look that up some where

[Anonymous]

all information should be on his CR......you can not get them from a monitoring service.

Also the dates from CAs  may be incorrect as to DOFD  DOLA....usually all CA are assigned or bought the accounts and the OC sets the dates NOT the CA

[fused]

Common Abbrev Thread for the OP

http://ficoforums.myfico.com/fico/board/message?board.id=Welcome&thread.id=23