Firstly, I want to thank everyone on this board for the vast amount of knowledge and help so far. As of now, the position I am in / I have paid/settled all my past due debt, and am current on other (normal) debt (mortgage/auto/cc). We have only $1500 in credit card debt. My problem now is that my credit report/scores are littered with 30/60 day lates and charge offs (even tho they have been paid/settled. I have tried disputes, but many of these accounts are they creditors that I am currently using, and they obviously report as accurate. I was thinking about doing a re-fi on the house use this to pay off the car (we owe very litle on this, if it were paid off, would it be easier to dispute?) Are there any options? I am looking to re-fi for a long term loan (current loan is adjustable - to be raised in December). Thanks MUCH! Brian
You definately want to lock in a mortagage rate at current rates, don't let a broker tell you differently. Nothing you can do about the late charge-offs. I would keep the account active and pay on time from now on. You need about six months of good, on-time reporting on two good accounts to counter one late/charge off account in the eyes of any new creditor.
