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Karao22

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I have 5 accounts in collections from the previous 3yr If I pay them off now would it be pointless?

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It would not be pointless if they are only three years old they will stay on your reports for another four years. What you should do is read about "pay for delete agreements". Even if you are unable to get a "pay for delete", paying the collections and getting them marked as closed may help if you can easily afford to pay them. If it would cause you financial hardship to pay these accounts, then it may be an option to just let them age off. Under no circumstances should you contact these debt collectors to make a payment plan, DO NOT enter into payment plans with debt collectors. Be sure to do some reading on the "statute of limitations" in your state to be sued for these debts, the time has probably expired, but you should double check.

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