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kristinakoerschner

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how do i start making payments to pay off things to increase my credit score?

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Making payments on old debt, collection accounts, charge offs, etc. really won't help your credit that much. You are not rewarded for payments on old debt. The best way to handle old collection accounts would be: let them fall off if they are close to the fall off date. If they are not going to fall off your reports any time soon then a "pay for delete agreement" is what you would want to get. Understand that contacting debt collectors when you don't fully understand what you are doing can really cause you harm. Entering payment agreements can reset the "statute of limitations" to be sued for the debt. (note: the time it remains on your credit report cannot be changed, "sol" and "reporting time" are two different things). If you really want to get your credit improved, you need to start reading all that you can on the subject. Come back here and ask questions as needed, but take no action until you have knowledge. Do some reading on the FDCPA (fair debt collection practices act) as well if you are dealing with debt collectors.

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