I have limited credit, 6 postives and 3 negatives on all CR's. If I settle in full on one of my charge-off's and pay 25% off all revolving credit (I only have 1% available, what can I expect my credit scores to do?
The account will be marked "charge-off-settled in full". I must do this as I am applying for a mortgage in the next couple of weeks and do not have time to fight for a deletion.
Can you ask them to at least rate it as an R5 instead of an R9? It's not a WHOLE lot better, but it could make a big difference in your mortgage rates.
