I would like to know the answer too. Anyone here know what is the right answer. I'll do some investigation and get back to you if I got an good answer. You should email the people at Lending Tree as they probably know..

Teresa,.

When my mother went refi her house the Lending Tree mortgage company said they would pay the derogs out of the Lending Tree loan proceeds. They were only concerned with anything over $1000 and less then 2 years old..

I was thinking you were selling a house and buying a new one. If you're only buying then you might have to pay them yourself..

A trick I did was put the money into the escrow and instruct the escrow company to pay the debt at closing. This way the bills only get paid if the house closes escrow. In fact, the Lending Tree mortgage company wanted it this way so they could be sure the bills got paid. In otherwords, You only want to pay if you can buy the house..

As far as re-aging, I'm not that knowledgeable in that area, but you might want to get something in writing from them that they won't re-age if you pay them..

Don't mention buying a house otherwise they'll play hardball against you. Let them think you just want to pay them to get rid of them. At 6 years the Lending Tree mortgage company might not care. Check first...

Thanks bigmon, first I have to wait and see what gets validated I only have one account over 1,000 and if it gets validated and with all the verification stuff doesn't go through and it stays on the report I am going to go ahead and pay for deletion one more time after my disputes then if not pay it and try and dispute in a couple of months maybe it will fall off. But I am just trying to do what I can before trying for our mtg....we got about 4 months...of couse I have not mentioned buying a home so that I have good....

Thanks again..

If I hear one more person state that they "don't want to reage" their collection accounts, I am going to scream. Does anyone actually READ the posts on this board anymore?.

I'm not trying to be rude, but it seems a lot of people would quit making the same erroneous assumptions and mistakes over and over again if they would just do a little bit of research on the topic they are concerned about..

Off soapbox.....

Just because it's not supposed to reage the account doesn't mean it doesn't happen and if it does, WE KNOW IT IS WRONG, but it is a pain in the rear to get changed!!!..

It is a pain, but it shouldn't be that hard to fix. Most of us keep copies of credit reports going back for quite some time (or at least you should be) and it should be an easy matter of mailing/faxing in copies of past reports along with any creditor documentation showing when the account was originally charged off. Threats of a lawsuit or actually filing a lawsuit tend to get it corrected rather quickly as well..

My point was that failing to take action on an account for fear that it will be illegally reaged is not a good idea. Just be prepared with documentation and the attitude to nail the ba**ards if they try to pull stunts like that...