Zeljka411 Posted April 21, 2021 Report Share Posted April 21, 2021 Hi, and thank you. My credit score = 551 middle 0 active tradelines 0 tradelines reporting 1 closed account (charge off by Bridgecrest Auto Loan in the amount of $299) in 2019. Balance showing at $299. 1 collection (that is NOT showing on my credit report). This was a Capital One Charge Off for $443 and it was being reported on my credit report BUT it has recently fell off of all 3 reports ON ITS OWN. The collection company (Portfolio Recovery Assets) is NOT reporting this as a collection and they bought the account in Jan of 2021. Long story short the only line item I have on my credit report is the $299 charge off (no recent credit inquiries). Since the amount is so small, will there be any benefit to paying it off? Also, so I pay off the outstanding collection even though it is not being reported on my credit report? My plan is to try and apply for 2 secured cards (and 1 credit builder loan) to see if I can boost my scores into the 600's but want to know if I should handle these items 1st. Quote Link to comment Share on other sites More sharing options...
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