Hey guys!
New to the forums, but not new to viewing everyones helpful information! I have learned a lot from hours of researching on here and have been very thankful for the willingness of others to help! I do have a few questions that I have not been able to get exact answers for.
Being new to "credit awareness" I have just dove into fixing small items on my account. I have been successful at removing some but have been curious to try this PFD option. But I can't help but wonder whats considered age old credit thats having an impact on my score.
The only debt I have on my credit report is from 6 years 8 months ago. $500 dollars for breaking a lease. Long story short, I signed off a lease to another friend and did not know it was "breaking a lease" and never ever been notified of this balance. I have disputed it in the past and the reply I got was the it met the requirements. My question is, is it worth it to pay off the balance? Is it worth going through the trouble of a PFD? Can I rely on this to fall off in the 7 years? I am okay with paying it off, but not if its not worth much.
I do not have any loans and just started a credit line 9 months ago. My credit score is really poor considering not much debt, yet not any credit!
Thanks for any info provided and looking forward to any advice!
