Hi and welcome to the forums.
Hey guys, I'm just getting started on repairing my credit.
The thing is I have a tax lien that will be coming off of my account very soon as the debt that generated the lien was paid a few weeks ago. I'm going to my state office to pay the fees to remove it from their records and lift the lien.
I've gotten info on two of my three reports, one from TU and the other from EX
On my EX report there is the lien and an old phone bill which I'm going to eith pay or settle and pay it. I don't feel the need to dispute it, it's mine and I'll just rather take care of it than just leave it there.
EX shows that these are the only things negatively affecting my credit. I would hazard a guess that the lien is hindering it more. So after i get the lien removed and the bill paid, there will be nothing on it from EX.
TU shows only the same phone bill and nothing else.
EQ hasn't gotten back to me yet.
I need to know how this will affect my score if I can get both of these, and possibly all three cleared? Getting the lien removed will help. But, just paying a collection will have the same impact. FICO looks at paid and unpaid collections and COs the same. You would need to get it removed from your report to help.
I know this doesn't sound like a lot compared to most people but I haven't been able to get anything credit wise. I had to open an access checking account with my bank in order to have a bank account. I couldn't get jobs or anything.
So this is a big deal to me.
Any advice or words of wisdom would be greatly appreciated
