Compare Mortgage Quotes

Guest

I have recently made up my mind to buy a house. I pulled my credit report and found several items (9 to be exact) that were in collections. I have contacted my creditors and made payments or payment arrangements on all but 2. I know it is going to take several months for my credit score to improve (currently at 520) and I am ok with that. I have paid over $5000 of my current collections and have another $700 to go. My dilemma is that the last two collections will be falling off of my credit within the next 6 months. Should I still pay these as? I have read several conflicting answers and I would really like to know which way should I go.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Any colelction andcharoff will fall off your credit report after 7 years automatically

Also rememebr any leins and Judgements will stay on the credit report indefinatley. They will stay there until you pay them. But they will fall off your rpoert only 7 years after you pay them

So if they are colelction items which willbe seven years in 6 months then you can sfely leave them alone and ehy should come out of your report

greggwyburn · Joined: 13 Sep 2009 Posts: 60 0.00 Dollars($)

yor credit score is not good enough to get a mortgage loan. it should be min 620

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1

Compare Mortgage Quotes

credit repair help