If you have unpaid charged off or collection accounts reporting; to help raise your scores we encourage you to create a plan to start paying these as soon as possible. We suggest starting with the lowest amount first and working your way up.
If possible, save some money by negotiating settlements for a lesser amount than what is owed. The credit scoring model does not care whether you pay the account in full or settle for a lesser amount.
If someone has told you in the past that you do not need to pay these accounts; this is wrong advice. A collection account that is reporting and updating every month will continue to have a negative impact on your scores. And, the account cannot be rightfully challenged with the credit reporting agencies unless it is paid. Once the account is paid; it can then be challenged with the agencies.
Request a Free Credit Review and let us point you in the right direction to raise your scores to 700 and beyond.