Here is my credit situation right form my credit report.......My scores are
Transunion 528
Experian 586
Equifax 538
Here are the items that I have that are negatively effecting me. Do I write validation letters on these accounts that are no longer open and are a couple years old or what can I do with these Credit Card accounts?
Citicard Limit $1500 Balance $1397 account open on 2 reports and closed on 1
0 30 day late 4 60 day lates and 3 90 day lates
__________________________________________________ _______________
Capital one Limit 750 Balance 728 account open on all 3 reports
5 30 day late 3 60 day late 2 90 day late there is 1 120 day late
__________________________________________________ _____________
Discover Card $1,000 limit Balance $256
3 30 day late 1 60 1 90 day late
I spoke with the CSR from discover the other day and said he just showed 1 30 and 1 60 on my file with them and the others would be gone next month (don't know if this is true or not)
__________________________________________________ ___________
Compass Bank MC $4,000 limit balance $0. account closed on XPN & TUC not reporting to the other at all.
XPN has 9 30 day late 1 60 & 1 90
TUC has 5 1 & 1
__________________________________________________ ______________
Compass VISA $3000 limit $0 balance only reporting to EFX acct closed
9 30 day late 1 60 1 90
__________________________________________________ _____________
Proviain (this account I REALLY want advise on if there is anything I can do)
$1,000 limit $0 Balance I called the other day and the account was not in their system anymore and I don't have the Account #. It was last reported in 2006 and the account is closed. It says "SETTLEMENT ACCEPTED ON THIS ACCOUNTCOLLECTION SETTLED FOR LESS THAN FULL BALANCE" Any advise on how to repair this account or is there nothing that I can do?
__________________________________________________ ______________
I also have 2 collections that I send pay for delete letters to last week and am awaiting response.
I know I have put a lot of info on here but want as good advice as this forum can provide. Any advise is GREATLY APPRECIATED and plan on becoming an active member of this forum and helping others as well.
It does not matter whether your credit account is closed or still open. You need to pay off the debt if you really owe the debt to the creditor or the collection agency. You can definitely send debt validation letters to be sure whether you owe the debt to that creditor or the collection agency for the amount they claim in your report. If they can properly validate your debt, you should make the payment towards the debts in order to avoid judgments.
Proviain (this account I REALLY want advise on if there is anything I can do)
Since you have already paid for the debt, the creditor will not agree to remove it from your credit report and it will stay there as "settled for less" for seven years and six months from the date of your delinquency. However, you can request your creditor to change the nature of the listing to "paid in full" instead of "settled for less". This will help you to improve your score.