 similar situation on GWing
After several years of denial I am finally getting my act together so that I can buy a house. I'd say all in all I'm not in that bad of shape. I will have paid off $19K to a credit card on May 15th - so that's a huge reason to celebrate!
My post is about this... I have 2 small items on my CR. They are both from utility companies. One is for $99 and the other for $249. I sent the validation letter to both. I have not heard back from the $249 account and they have 8 days remaining (can you hear the clock?). The $99 one I heard back from immediately and they gave me proof of service - afterall, I did have the account and do owe the $99. However, It's gone beyong the SOL, I believe. The problem is... the debt was in Georgia. I moved to Minnesota and then to FL. It's been over 4 years so I believe the SOL is expired. I immediately wrote them and offered 100% payment (it's only $100) in return for completely removing all negative credit history including late payment from my CR. They have reported late pays every month since the debt went into collection just over 4 years ago - yeah even last month!
My concern is they won't do jack - it's only $100 and not worth their trouble. They can't collect on it anymore - but they can still report it as late pay. The Experian report actually says "Write off/collection/late pay" every month.
I need the thing to disappear. I'll pay the measly $100 - but I want the record gone. If I pay it and they don't remove the history it will make my credit score worse because it will show the current month with collection activity ---- WHAT DO I DO?
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