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readytofixit5

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  1. Sorry, I missed your reply. I'm in Kentucky. Some are close to 7 years and some are as recent as two years old.
  2. no medical, and I just checked and that says the same thing. Written 15 years, open and oral 5 years.
  3. A quick search looks like in my state it's 5 years on oral contracts, and 15 years on written.
  4. No. Two of them are within 6 months of being past SOL, but for some reason the collection place has them listed as opened last year(when they bought them I assume). So I hope that doesn't mess up when it should age off. Most of them hit the 7 year mark in two years. I'm willing to pay them if I have to, they are all pretty small amounts. But I figured I might want to try to get them removed first. Maybe I'm wrong? I'm trying to buy a house in 6 months so I'm just trying to do whatever I can to make that happen.
  5. I have some collections on my credit(roughly $3500 total) and would like to try to get them removed. I've been reading and see so many different methods and directions you could take and am a bit confused. My plan of action was going to be to send validation letters to the collection companies first and go from there. But then I read some information that you shouldn't do that if you haven't received a letter from them in the last 30 days and now I'm confused again. lol So what step should I take first? Contact the Credit reporting agencies(EX, EQ, TU)? Or first try to validate with the collection companies? Thanks for any help and guidance.
  6. Thanks! I wanted to do that but figured theyd just want to pull my credit and give me a ding without really listening to my situation. I would like to keep from getting unnecessary dings. But youre right that it might be better to draw out the sharks now.
  7. Ok. Ill do that. I only have one medical bill for $200. The rest isnt medical.
  8. I have about 6-7 negative collections accounts and then I also have the original accounts they came from reporting as charged off. They are mostly store cards, medical bills, and other small things. My highest amount owed is 1k. Most are between $200 and $600. I have two credit cards with all positive history and a revolving loan account with positive history.
  9. This is what I feared. I knew my chances of getting them removed were slim to none. That's why I was hoping and praying if I paid them all off and my score was within what a lender would need to approve me that I could still get approval. I have four positive lines that I make sure to pay on time every month so I have been building positive history that way. one account is about five years old, paid on time for the last five years. But those negatives are hanging over my report.
  10. No, unfortunately not. They are between 2-3 years old in most cases.
  11. Yes, I know that. And I intend to pay them off either way. However I see people saying never pay it off until it's removed from your credit. Because obviously it's still showing negative if you settle/pay. It's just slightly better. But I don't have the time to get them removed. So I wasn't sure if I even could get a mortgage if I paid them off and they were still on there just showing settled/paid. That was my main concern.
  12. I have been steadily working on my credit to fix some negative things and bring my score up. Here is the situation. We had an unexpected job loss two years ago which led to a downward spiral of our fiances and credit. This crushed our score and left negative TL's on our credit. Fast forward to now and financially we are doing great! But our credit still needs help. Due to our circumstances we need to be able to get a mortgage within 6 months or so. I know our scores need to come up a lot(sitting at 600 now). My question is, if I just go ahead and pay off all the negative creditors, will that have even more of a negative impact to our score and our credit, or will it help? I know that because these negatives are so new, there is no chance of getting them taken off in time. But if paying them off and them just showing as paid is going to make it even harder to obtain a mortgage and sink our scores even more I don't know that I want to do that. Can we obtain a mortgage with paid/settled negatives accounts on our credit? Or is there no chance?
  13. I have been steadily working on my credit to fix some negative things and bring my score up. Here is the situation. We had an unexpected job loss two years ago which led to a downward spiral of our fiances and credit. This crushed our score and left negative TL's on our credit. Fast forward to now and financially we are doing great! But our credit still needs help. Due to our circumstances we need to be able to get a mortgage within 6 months or so. I know our scores need to come up a lot(sitting at 600 now). My question is, if I just go ahead and pay off all the negative creditors, will that have even more of a negative impact to our score and our credit, or will it help? I know that because these negatives are so new, there is no chance of getting them taken off in time. But if paying them off and them just showing as paid is going to make it even harder to obtain a mortgage and sink our scores even more I don't know that I want to do that. Can we obtain a mortgage with paid/settled negatives accounts on our credit? Or is there no chance?

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