Two Credit Card Payment Strategies
Date: Sat, 10/24/2009 - 10:55
I am trying to improve my credit score and figure out which method is more effective. Is it more credit damaging to have 5 small collections or one large collection on your credit report i.e., five $1000 collections or one $5000 collection? Just trying to determine if I should pay the big one first, or pay the smaller ones to have less things in collections and then do the big one
Have you asked for Debt Validation on these debts? Are they wit
Have you asked for Debt Validation on these debts? Are they within SOL? I would DV these CA's CMRR and then dispute with the CRA's once you know they have signed for your letters. In my opinion I would not re-age old debt without trying first to DV and dispute.
