I'm in the rebuilding stages and now have about 5 positive trade lines. 2 installment loans current and credit cards showing showing zero balance but 1 shows 1% balance. I have 4 charge offs. 2 different collection agencies showing same accounts on 2 different trade lines. The other CA wont PFD. They are small balances that I can pay. Why pay if they dont delete? Even if paid, potential creditors will only see the negative mark. Will most potential creditors see zero balance and think differently? Should I just maintain the positives that I have now? Scores are stuck in the 530ish range.
That’s why Remedios is saying that paying it is the way to go even if they refuse a PFD. Paying it off stops the updating. At that point it starts to age and your scores can begin to recover.
I tried to 609 but they all came back as verified. I'm just looking to try to get qualified for an auto loan with NFCU. I know if they deny me,I might can show receipts showing that they are paid.
