- Centurion Member
- Posts: 235
- Joined: Tue Mar 12, 2013 10:10 pm
- Location: United States
I don't know how old your collections are or anything about who put them there, but, if you are going to pay them off, it's worth a try to ask if they can remove them from your report if you pay. When I went to buy my second property, I discovered I had a parking ticket the city had sent to collections, seriously tanking my score. I didn't even know I HAD that parking ticket (I don't know if it blew off the car or what happened, but I know I never saw the ticket...bonus points, I had moved right when I got it, so I assume I didn't get any mailings about it because I hadn't yet updated my address with the DMV). I called up the city and was like "seriously, you guys are tanking my credit over a $30 ticket...what can we do about this?" They told me if I yanked out a card and paid them right then, they'd remove the collection from my report. True to their word, it was gone within a week and my score skyrocketed. YMMV, but the worst that can happen if you ask is they tell you no.
Disclaimer: I am not a scofflaw, by a wide margin. The ticket was for parking in a no parking zone, which parking enforcement around here is a fan of writing if your bumper is a few inches past the "no parking from here to corner" sign, which usually occurs because some other :ahem: parks like an :ahem:. This was a particular problem in my old neighborhood, where parking is very tight and a space big enough to accommodate all but 6" of your car might be the best you can do. I generally park legally (I am inconvenienced enough by people who DON'T (see: people who park in crosswalks, people who park fully in no parking zones so you can't see around the corner, people who park so far from the curb that it's nearly impossible to park around them, people who park in rush hour zones tying up traffic, etc.) to see why it's a problem), and I've always paid parking tickets timely...WHEN I KNOW ABOUT THEM!
Target Visa $1.5K