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is this delinquent account worth pay off?


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I just signed up to this website today, and I am still not quite sure how it all works. I tried looking through some of the posts for the answer to my question, but the site was so big it was kind of overwhelming.

 

Anyway, my question is, is that I just viewed my credit report and found that I have a medical account for $1000 that was first opened in november 1 2007. it was then updated november 1 2008. I never made any payments to this account (I was not aware of it until now). I read that after 7 years any delinquent account is deleted from your report. Is this true? and if it is, would it be from 2007 or 2008? with there only being 1 year left before it is deleted, would it even be worth trying to pay off?

 

I only have 2 open accounts that I am paying off on my report, and have paid off a car. one of the accounts is a couple of months away from being paid off, and the other is a revolving account. my score is pretty low right now, but I figure it would go up significantly when I pay off one of the accounts in a few months. is this true?

 

I know I have lots of questions, but I am really just starting out with a family and just now paying attention to my credit. i'm a little overwhelmed!!

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Follow the guide:

 

http://www.whychat.5u.com/GUIDEBOOK.html

 

You will be using the HIPAA letter program:

 

http://www.whychat.5u.com/GUIDE%20HIPAA%20PROGRAM.html

 

Opting out and deleting old addresses ( if you have moved since the date of medical service) is the first step in clearing your reports of ALL kinds of bad stuff. The initial dispute letter in the HIPAA letter program will likely get the medical account deleted. Once that is done, you can send a dispute letter from the SOL letter program to get other accounts deleted. If you wait until they "fall off" you run the risk of having a different CA pick up the accounts and re-age them on your reports.

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