Just Joe Posted April 4, 2020 Report Share Posted April 4, 2020 I have about maybe $3000 of credit in collections currently...my score is around 540. My goal is to get back up to at least 640 again. The only open account I have is my auto loan. I've been getting some settlement letters from former creditors,however I'm only in a place financially right now for smaller payments rather than lump sums. One of the settlement letters stated that even if I make smaller payments it would not count on my credit score...so,do I try for a consolidation loan or what? Quote Link to comment Share on other sites More sharing options...
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