What should I do?
1. Yes, there is a good chance that your score would increase on
1. Yes, there is a good chance that your score would increase once the car loan drops from your credit report.
2. Paying on a charged off account won't do any good to the score in the short run but there are benefits to paying it off like not getting sued or not being charged for an exorbitant amounts of interest and late fees.
3. How old are the medical debts and are they past the state SoL? If they are old and within the SoL and have been turned over to collections, it won't help your score by paying them off although paying up would mean that your creditors don't sue you.
Hold on a sec. The Medical Debt Responsibility Act might save
Hold on a sec.
The Medical Debt Responsibility Act might save you if it passes.
Paid medical debt that is currently reported negatively will come off of your report. That includes paid in full and/or settled debts.