Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
bigdaddy2nugget

1 Contribution
0 People Helped
On my charge off accounts which ones should i pay off firts to rebuild my credit
I have some for 185.00 and another 5176.00 I have a medically fragile child and my credit is shot. But I will need upgrades to my home soon and to buy a new handicapped van ($ upto $80,000) so I need to fix it asap

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
23 Contributions
6 People Helped

It is my understanding that paying collection accounts will not increase your credit score.  Although some lenders will require that you pay off any open collections accounts prior to loan approval.  Only the lender will be able to provide you with their criteria.  Good luck to you and you child. 

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.