Our lease is up end of next month. Got notification that there will be a huge jump in rent if we sign a new lease. We are currently in the approval process to buy a home. The LO wants me to pay off an old Sprint bill for $612. I called Sprint and this bill is from 2008. If it is this old, is there any way to get this baddie off my report quickly? I hate to pay in full for one so old when we have so many other expenses at the moment. Any suggestions?
Starting Score: 7/2/2013: TU 532 FAKO (CK) || 7/22/13: TU 569 FAKO
@Tersie319 wrote:Our lease is up end of next month. Got notification that there will be a huge jump in rent if we sign a new lease. We are currently in the approval process to buy a home. The LO wants me to pay off an old Sprint bill for $612. I called Sprint and this bill is from 2008. If it is this old, is there any way to get this baddie off my report quickly? I hate to pay in full for one so old when we have so many other expenses at the moment. Any suggestions?
Anything that has a DoFD in 2008 is nearly non reportable, only Nov & Dec 2008s still can be and that would be at the max of 7.5 yrs. I would just verify the correct DoFD is being reported to the CRAs then ask for the early exclusion. A word of caution if a full factual CR is run its possible for it to still show up but not many use that anymore as its an expensive report. In any case I would only offer a percentage if you have to settle at this late date with them.
