djmacc Posted January 9, 2008 Report Share Posted January 9, 2008 I fell behind 90 days on a CCard that I am carrying $9000.00 @ 29% interest. I am in the position to pay it off with a lump sum but I want to get the CR to end up reporting this account without any negatives to the CR. Would I be better off paying the last 90 days back to current and staying current for a few months then paying it off or will the CCard be willing to report me in a positive way if I pay it all of now in a lump sum? And by the way I fell 60 to 90 behind on a couple of other accounts and they said that after I stayed current for a couple of months I could write a letter to the Creport companies and any negatives would be removed because I would be reported as current? Do they really remove the fact that I fell 90 days behind if stay current for a few months? I am doubtful that it is that easy. Anyway your advice is always appreciated. Link to comment Share on other sites More sharing options...
Amerikaner83 Posted January 9, 2008 Report Share Posted January 9, 2008 how about paying lump sum then staying current from there? That, IMO is the best way to go. on ALL your delinquent obligations. Link to comment Share on other sites More sharing options...
Moneedshelp Posted January 9, 2008 Report Share Posted January 9, 2008 I would think paying it off would be the most cost effective, if you are able to do so. send a gw letter to the companies to see if they will remove the lates. Just my 2 pennies. good luck! Link to comment Share on other sites More sharing options...
djmacc Posted January 11, 2008 Author Report Share Posted January 11, 2008 Thanks for the help! Link to comment Share on other sites More sharing options...
nikkiu Posted January 12, 2008 Report Share Posted January 12, 2008 Great move listening to other people here - 29% interest is ridiculous! Link to comment Share on other sites More sharing options...
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