I would like to start paying off ALL of my debts that are showing up on my credit report......?

but how long after I pay them off, will my credit score start to move up? Even if I pay them off, will they still remain on my credit until 7 years is up from the time they were first reported? Is it best for me to contact each individual debt place and to arrange sending in payment, or should I go thru a bad credit agency to help me get all my debts taken care of?

I have 32 outstanding debts on my credit report, and 14 of them should come off by May 2008, due to the fact they would have been on my report for 7 years. As for the others, some may be on there until 2012. My credit score is currently rate as %26quot;Very Poor%26quot;.

I would like to start paying off ALL of my debts that are showing up on my credit report......?

It is best if you contact the companies yourself. When you go to a consumer credit agency they can mark it on your credit and its just another mark you don%26#039;t need to have. It is a good idea to list out all the card balances and rates 1st, pay the highest rate first. Most go after the lowest balance but its the interest that kills you, so pay highest rate first and minimum payments on the rest. If you are paying 100.00 on your high rate card and get it paid, then you move to the next high rate card and pay 100+ the minimum payment....keep going.

Yes credit history is for 7 years, it use to be 10. This might change over time, but just stay focused on getting them closed out. Ask for the company to send you a closed letter for your records when you make you final payment. You will want to keep 4 tradelines (accounts) open to help build your credit score. This means keep 4 account open (they can be paid off) but available credit can help build your credit as well as keeping your payments on time.

Good luck!

I would like to start paying off ALL of my debts that are showing up on my credit report......?

How many more questions on the same topic, you will get much better responses if you simply ask all your questions at one time.

I answered you in the other 2 questions. Just remember dropping from the credit reports does not mean they are not collectible.

Forget a repair service and put the money toward your debt.

Even if you pay them off they will be there for 7 years.

I would like to start paying off ALL of my debts that are showing up on my credit report......?

Your credit score will start going up slightly each month. If you want to find out more information about debt management or how to increase your credit score you should check out http://www.your-credit-solution.com .

I would like to start paying off ALL of my debts that are showing up on my credit report......?

FYI...The trade stays on your credit report from the date of the charge off not open date. It%26#039;s kind of a catch 22 here....Yes, it%26#039;s great to pay or settle your outstanding obligations and it%26#039;s a great way not to get sued, but...Once you make a payment or settle the debt, the clock starts all over. For example, you have a debt that was charged off in August of 2000, it will drop off after this month. But, if you pay 1 cent or settle the debt, the 7 years starts over and it won%26#039;t drop off until 2014.