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
Iamarealperson

1 Contribution
0 People Helped
Pay off 6 year old derogatory/charge off?

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
1 Contribution
0 People Helped

Messed up 1st post

Sorry, I guess I messed up the 1st post.
I read a few half/pay half/don't pay so I am reaching out to see what to do.
My debt is apron 2,000
1 unsecured loan for 1,100 derogatory/charge off
1 credit card for 900 derogatory/charge off.
They are both about 5/ years old and should fall off around 2017.
I need to know if I pay them both in full will it restart the 7 year time or SOL?
Will it help my score better than what it is now unpaid?

If I should certify a letter what should I ask for to receive full payment? Closed/Paid?
I know I should of paid these years ago but haven't really cared about credit until now.
Overall I just need my credit scored to go up? I have a secured credit card but these are killing my score. I did try to dispute one and it went from closed to open? Does that mean they want to work with me or did I reset the clock because I disputed through creditkarma?

Thank you all to those who reply with your help. I appreciate it!

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.