28 People Helped
Member Since: October 2010
It may or may not. It will give you a lower utilization which should raise your score. Depending on how long since last payment it may or may not be worth it (5+ years).
Paying them off may help, but will not fix your credit. The original deliquency will still show. Your credit will imrprove over time if you are patient and use it wisely.
videogamesaremylife's reply was:
As far as I know both my Mortgages were based on the "Mid" score. (Not the average. The score remaining when you discard the highest and the lowest.)