Join Date: Nov 2004
Location: The Heart of the Heartland
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Can anyone help me with fixing bad marks on my credit report? I've tried looking at the credit forum website that's been posted here a couple of times, but they seem to be way, way over my head. I need the kindergartener approach.
I've already disputed and had removed all but one inaccuracy. The one that remains is an old credit card account that is marked as a charge-off, but which was actually paid in full. I don't have a reciept of the payment, but I think I could get a copy of the cancelled check from my bank... is this something that is worth disputing, and if so how do I go about it, since I don't have much info on the account anymore?
The remaining black marks on my credit are, alas, actually mine. There are a couple of accounts that are in collections and on my report. One is about 6 years old, the other is about 2 years old. Is it worth trying to contact the collection agencies and paying them? I've heard that if I'm planning on making payments, I can and should negotiate to pay a reduced amount to discharge the debt. Is that true, and if so how much should I offer? If I do pay up on these bills, can I get the marks on my credit report removed or do they remain there? And if they stay there, what incentive do I have to pay them off?
The other thing on my credit report are bills that were supposed to be paid by health insurance and weren't. I'm in the process of working with the insurer to get the claims paid, but it's kind of like kicking dead whales down a beach -- slow and smelly. Should I have a note added to the report that we're trying to resolve those, or leave it be?
Spending all of my money and time on this wild, wild life.