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my credit score is around 560, there is collections I want to pay off and fix my credit, it's less than 10 thousand. how can I do that and make sure it gets taken off my credit score?




Before making a payment on the collections, determine whether or not your debt has cross the statute of limitation.

Sub: #1 posted on Fri, 09/15/2017 - 14:48

sanderspatricia29 sanderspatricia29

(Posts: 683 | Credits: 71.47)

Collection accounts remain on the credit report for seven long years from the original delinquency date of the debt. You can go for the "pay-for-delete" method. This is a hidden practice where you can offer the collector to pay the delinquent debt in full or settle it for less than what you owe. The collection agency will erase the record of the collection from your credit report.

Sub: #2 posted on Fri, 09/15/2017 - 18:50

Barbara Delinsky Barbara Delinsky

(Posts: 302 | Credits: 30.07)

You can negotiate with the collection agency and settle the account. Check out this url:
https://www.debtconsolidationcare.com/do-it-yourself-debt -settlement.html

Sub: #3 posted on Tue, 09/19/2017 - 13:17

SC SC
Moderators
(Posts: 3937 | Credits: 398.71)

First check out the SOL as sanderspatricia29 has suggested. Yo can always repay your debt if it's within SOL period. It will help you boost your score.

Sub: #4 posted on Thu, 09/21/2017 - 17:34

Mabelle Page Mabelle Page

(Posts: 161 | Credits: 15.88)

As the other users suggested, check the statute of limitations for your debt accounts. You can also go for a goodwill deletion by asking your creditors. You can also take out a credit builder loan, if nothing else is working out.

Sub: #5 posted on Fri, 09/22/2017 - 19:38

Phil Bradford Phil Bradford

(Posts: 166 | Credits: 16.94)

Even if the account is not deleted, if you repay the amount, it will have a positive effect on your credit report.

Sub: #6 posted on Mon, 09/25/2017 - 17:43

Good Nelly Good Nelly
Industry Expert
(Posts: 2668 | Credits: 533.16)

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