Rabu, 04 April 2012

Will my credit score get worse once I start paying charge offs?

Question by Jeremy L: Will my credit score get worse once I start paying charge offs?
I recently went broke over the past year and I allowed five credit cards become charge offs. I just checked my score for the first time this year and found my credit wasn't that bad even with the charge offs. If I start settling these accounts through payments, will my credit score stay the same (or improve), or is there a chance it will still get worse? (Assuming I do nothing else to hurt my

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