word636

3 Contributions 1 People Helped

Member Since: April 2011

Most Helpful Contribution

What is the best way to handle accounts in collections?

May 18, 2016
Recent Collections
Helpful to 1 out of 1 people

Hello,

Due to recent expensive car repairs and moving to a more expensive state I now have 3 credit cards that will go into collection within the next 30 days.  I have tried to contact the companies but they won't go a little as I can afford at the moment, I still need a roof over my head after all.  My question is, once they hit collections, what is the best method of getting them off my report quickly.

Activity (3 Total Contributions)

What is the best way to handle accounts in collections?

May 18, 2016
Recent Collections
Helpful to 1 out of 1 people

Hello,

Due to recent expensive car repairs and moving to a more expensive state I now have 3 credit cards that will go into collection within the next 30 days.  I have tried to contact the companies but they won't go a little as I can afford at the moment, I still need a roof over my head after all.  My question is, once they hit collections, what is the best method of getting them off my report quickly.

Can Lexington Law really help raise your credit score or is it a waste of money?

Jan 31, 2018
Fixing My Credit

Just signed up for Lexington Law.  Have heard it work for some but not all and it takes a while.  Basically have to get my score up because high interest rates are killing me.  So I'll give it a try.  Don't have many and some are over 5 years old so hopefully the companies can't vertify them.  Anything at this point will help.  I tried the 609 credit repair DIY kit and it didn't do anything.  The credit reporting companies just sent me letters saying everything was verified so I decided to go with Lexington.  I'll give them some time and update after the 1st round of disputes come in.

If I pay off a collection account will my credit score improve?

Jul 11, 2017

This totally depends on your state so make sure to check your state laws first.  Like in my state of MD collection agencies can sue you in small claims court and garnish your money.  Try every method 1st, like debt validation and disputing them on  your credit report.  But if they get a lawyer invoived make sure to look it up in your state to see if it's legit.