Welcome. First step is to fix whats broken. Looks like you have enough to pay them all off. Better paid than owed and they'll quit reporting on a monthly basis. Once you've completed PIF. The the time willcome to shop for a secured card.
It looks like WF gave you an offer. Yes you can negociate a pay off and also ask what would it take to PFD. Jefferson is known to delete. Its like lets make a deal. The older the better. Its always better to say on your reports PIF rather than settled for less. But sometimes we dont have a choice and just want to rid ourselves from it and be done.
@sarge12 wrote:
@FireMedic1 wrote:Welcome. First step is to fix whats broken. Looks like you have enough to pay them all off. Better paid than owed and they'll quit reporting on a monthly basis. Once you've completed PIF. The the time willcome to shop for a secured card.
FireMedic1, I had no idea that you could have mid 7 fico 8 scores and over 800 fico 09 scores just 4 years after BK DC. The BK has to still show on the report, and yet it does not keep your score lower? That is remarkable. I would venture a guess that you had a mortgage when you filed that you were paying to help with the recovery, but the fico 9 scores are really amazing to me.
Nope. Only cards on file were old, real old and closed by me to get rid of them when I went anti-credit card. Only had car loans every 2 -3 yrs back to back to keep up with the newest Mustang GT's. Then the IRS found me after 14 yrs. Thats all it took. A few collections that went poof after BK. And one 30 day late that was 2yrs old. Now its 6yrs old.