Whether you're doing it right or not is subjective. Settling vs paying makes no difference score-wise, but there will be a comment in your reports saying you settled for less if you do end up settling.
I would try to get those Net and Rise credit accounts current before they too get charged off and/or end up in collections.
@Anonymous wrote:That's great that they're paid off now. Were you able to do so before those late accounts were charged off, so you could pay them off current?
You will see score gains, but 130 points is probably pushing it - paid or not, all of those late notations are still there. The 180-lates are serious score-killers, as are the presence of any charged-off accounts. With them paid and closed, it allows them to age but they'll definitely hurt until they're gone. A goodwill letter campaign should be the next step, to see if some of these can be removed from your reports. Wishing you the best on continuing to improve your scores. Keep asking questions as they come up and do update when your scores respond - those data points can be invaluable for others in a similar situation.
Yo @Anonymous Bro. Nice siggy stats. Remember when you and I had 1/4 of what we had in the beginning. Sweet!
