Checked my credit report questions
Date: Wed, 12/17/2008 - 05:43
I looked at my FICO score and for Experian it is a 548, I know pretty bad. I have about 12 accounts that are closed and in good standing. Does this lower my score?
I have 10 accounts that are late, some are a charge off, If I pay them all off, will my score go up?
Lastly I have debt collectors who looked at my credit report and I didn't authorize it, is that legal and does it lower my score?
What is the best way to fix all this and raise my score and how much of an increase could I be looking at?
Thanks in advance.
I have 10 accounts that are late, some are a charge off, If I pay them all off, will my score go up?
Lastly I have debt collectors who looked at my credit report and I didn't authorize it, is that legal and does it lower my score?
What is the best way to fix all this and raise my score and how much of an increase could I be looking at?
Thanks in advance.
Quote:Lastly I have debt collectors who looked at my credit repo
Quote:
Lastly I have debt collectors who looked at my credit report and I didn't authorize it, is that legal and does it lower my score? |
If they are assigned or have purchased your defaulted accounts, they would have permissable purpose to pull your reports. It will lower your score initially but will stop impacting it after 1 year. They will drop off after 2
