"Encore Capital Group, – Midland Credit Management, Midland Funding, Asset Management and Atlantic Credit & Finance – announced in January 2017 it has imposed a new credit reporting policy that has already affected more than 1 million of their debt-holders:
If more than two years have passed since the debt became delinquent, a collection account will be removed entirely from a consumer’s credit report once paid in full or settled for less than the total due.
For newer debts not yet appearing on credit reports, the debt will be kept off the credit report if payments begin within three months of the initial collection notice mailing, or as long as payments are made each calendar month until the account is paid in full or settled."
As far as LVNV. They are a tough one. Call and explain you'll pay for delete and dont want to wait 5 yrs to purcahse a home due to the collections on your CR. The vet one. Never heard of them. But the UW will want to see no collections. They are just over 2 yrs old or less. Tough one. You wont know until you try. Good Luck!