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 Mortgage
Profile Image

Question By
SPCArmyBB

0 Contributions
0 People Helped
Trying to buy a HOME
22 years old, 655 CK Transunion, 633 Vantage Score, 736 Auto Score, 708 Home Score

I have two Collections I am attempting to resolve. One for $750 and one for $1743, both from the same eviction issue. A $536 original judgement was placed. I am enrolled in a Credit Worthiness Program for the house.

When I call the court to pay off the $536 judgement amount (the home credit worthiness program said this needs to get taken care of before being approved for the home loan) they tell me the account has been sent to Collections and to contact them, thus the $1743 and $750 Collections accounts.

I have already "paid in full" the $750 Collection account and they emailed my proof. Working on the $1743 account.

My question is, once I pay the $1743 account, do I take the two documents of "paid in full" proof to the original court and go from there? Will the original judgement then be "satisfied"?

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
199 Contributions
216 People Helped

Yes, I'd start there. You may need the individual collections agencies to report to the bureaus that their debts have been paid in full. I'd also take the paid off statements to the credit worthiness group as proof. You wont have the marks removed all together, they'll just note that the debt has been satisfied according to your agreement. it will take the full 7 years for the bad marks to fall off.

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.