What more can I do?
Date: Wed, 02/25/2009 - 09:13
Has anyone ever used a financial advisor? There must be a way.
Has anyone ever used a financial advisor? There must be a way. I remember my brother having pretty awful credit yet he got a truck, apartment, and other things. I'm not setting out to incur new debt, i just want some basic essentails
how much do you still owe to collections? How much cash on hand
how much do you still owe to collections? How much cash on hand do you have, and how quickly can you pay off what you owe? No one is going to lend you anything if you still have outstanding collections, even if you are working on paying them off. Many won't even lend you anything if you show old paid collections ... times have really changed!
Of the 3 you have settled and paid, when how long ago did you pa
Of the 3 you have settled and paid, when how long ago did you pay them? You might have to dispute with the credit reports if it's been longer than a month. Some of them only report once a month, and update their information then. It can also take a few months for your efforts to reflect in your credit scoring.
I don't think a financial advisor would be telling you anything different (at least a good one) other than what you are doing.
I only a few hundred more total in collections. I had heard tho
I only a few hundred more total in collections. I had heard though that balances and collection totals are irrelevent in figuring your score, just the presence of them hurts it.
The balances on my report seem accurate, the 3 paid off ones reflect zero balance. But they are still on there.
does this mean i'm pretty much stuck for a few more years and cant get anything?
does a collecion marked as paid signify a boost in your score at
does a collecion marked as paid signify a boost in your score at all?
No. It may actually cause your score to drop because it will sh
No. It may actually cause your score to drop because it will show recent activity.
if its only a few hundred left, just pay them! I don't know of
if its only a few hundred left, just pay them! I don't know of any loan company who will loan you money for anything with an outstanding collection out there. They MIGHT consider you with 0 balances though.