I’m Paying Off Old Collection Account But I Want Better Credit So I Can Buy a House. – Angie

“Dear Steve, Have several old collection accounts (most are over 2 years old). Also had late vehicle payments. Have since paid off the vehicle and bought another, which I am current on. Have paid off 3 other old collections, but still have about $3000 worth of debt. My score was around 590 a few months … Read more

I Don’t Want a Credit Card But Want to Establish Credit Again. – Mel

“Hi Steve, My name is Mel and I recently discovered your web site. I have a few questions and hope you can assist me. I have several debts from 2004 and 2005 that I owe. All are now with collection agencies. Since I owe these debts and can afford to pay them, I want to … Read more

Should I Bother to Payoff Old Debt to Improve My Credit Score? – Kristen

“Dear Steve, I have recently started to pay down some of my old debts, but have become somewhat skeptical of how effective this tactic is in regards to improving my credit score. I have heard a wide variety of things from different people. My question is, if the accounts are already in collections and they … Read more