Hi,
First thing is just take a breath and don't get overwhelmed.
I'm guessing the scores you posted are from CreditKarma.
Next thing, since it's been so long (over 6 months) you're going to have no luck at all dealing with Original Creditors like Wells, Kay, Sprint etc.
Dealing with Collections Agencies is tricky, so you should look at that. Most agencies if they don't collect from you within 3 years will likely (not guaranteed but there's a good chance) sell your debt to a JDC (Junk Debt Collector). This is a Collector that will likely do a PFD, sometimes they won't even respond to a dispute and you can just get it removed, they see it as not worth their time or effort.
I would Always recommend just looking at the name of the collector and going up to the MyFico search bar and typing in "PFD (Collection Agency's Name)" if you see others have had success doing a PFD with them that's usually a really good sign.
To answer your question of is a closed collection still hurting you. Yes, any collection will hurt you paid or unpaid in the most used FICO scoring model which is FICO 8.
You need to develop a strategy if you keep contacting OC's and so on it's only poking the bear so to speak.
You can definitely clean up your report, but patience is key!
First thing is just take a breath and don't get overwhelmed.
I'm guessing the scores you posted are from CreditKarma.
Next thing, since it's been so long (over 6 months) you're going to have no luck at all dealing with Original Creditors like Wells, Kay, Sprint etc.
Dealing with Collections Agencies is tricky, so you should look at that. Most agencies if they don't collect from you within 3 years will likely (not guaranteed but there's a good chance) sell your debt to a JDC (Junk Debt Collector). This is a Collector that will likely do a PFD, sometimes they won't even respond to a dispute and you can just get it removed, they see it as not worth their time or effort.
I would Always recommend just looking at the name of the collector and going up to the MyFico search bar and typing in "PFD (Collection Agency's Name)" if you see others have had success doing a PFD with them that's usually a really good sign.
To answer your question of is a closed collection still hurting you. Yes, any collection will hurt you paid or unpaid in the most used FICO scoring model which is FICO 8.
You need to develop a strategy if you keep contacting OC's and so on it's only poking the bear so to speak.
You can definitely clean up your report, but patience is key!
Just use other's experiences as a guide. I usually look at most recent experiences when I'm doing a PFD or Debt Validation.
You can always try sending a DV letter it's helped in my situation and they removed the collections. But YMMV
If WF will talk hear them out, offer 10-30% of the debt at the highest and get everything in writing!
As far as secured/unsecured FICO sees no difference to them they're scored the same.
But it's good you have some positive tradelines going! Definitely try to get scores up then refinance
You can always try sending a DV letter it's helped in my situation and they removed the collections. But YMMV
If WF will talk hear them out, offer 10-30% of the debt at the highest and get everything in writing!
As far as secured/unsecured FICO sees no difference to them they're scored the same.
But it's good you have some positive tradelines going! Definitely try to get scores up then refinance