Good question... I dunno what is the right answer to your question. I'll do some Googling and get back to you if I got an answer. You should email the people at Discover Card as they probably could assist you..

Here's how they appear on my Experian report:.

Account Type Unknown - Credit Extension, Review, Or Collection.

Balance $159.00.

Date Opened 6/1/2009.

Account Status Closed.

Mo. Payment.

Close Account Details Past Due $159.00.

Payment Status Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department.

Terms: 1 month.

Account Name CREDIT PROTECTION ASSO.

Account # *************.

Account Type Collection Department / Agency / Attorney.

Balance $58.00.

Date Opened 9/1/2007.

Account Status Closed.

Mo. Payment.

Close Account Details Past Due $58.00.

Payment Status Seriously past due date / assigned to attorney, collection agency, or credit grantor's internal collection department.

High Balance.

Limit.

Terms 1 Month.

There are a few, but they all say the exact same thing (just different amounts, obviously)...

What state are you in?.

What are the DOFD?..

*nod* this doesn't look like Discover credit card debt so it may have a fairly long SOL depending on your state. What types of debt are these, what state are you in and what are the DOFD's..

Or even better, head over to whychats site and look up your SOL and then come back and let us know if they are in or out...

They are all in, and it becomes complicated because I lived in 3 different states (all with the same SOL) so I understand the argument can be made that the time restarts or pauses when I go to another state..

They're all small-ish amounts (certainly not anything to put off homeownership over). I've had some success with offers to settle and PFD, but there are probably 5 that will be left. All opened in 2007 or very early 2008. So, what do I do? Pay them now so they're a year old when I apply for a mortgage? We're not talking more than 1k total...

The SOL tolls when you leave the state? I never heard that before...

It happens in some states but not all...you have to check the individual statutes. I know for a fact that Illinois tolls if you leave the state..

If all are within SOL you don't have a lot of PFD leverage. Are these with CA's or OC's? If they are with OC's I've found that the best way to deal with in SOL debt is to make the best settlement arrangement you can and then go for goodwill a few months down the road..

If they are with a CA, and I know that I will have to eventually pay them, then I would either pay them and hope they fall off on a future dispute or go down the path of attacking via FCRA violations..

As a practical matter, If you are positive you are going to have to pay these, better to pay them now and have a year of age rather than pay them later and have your score take a nosedive...

I think that you should resolve them sooner than later..

What states are we talking about?.

Have you covered the other bases? are these CA's licensed to collect in your state?..

Ditto..

If these are medical then you stand a chance at removal by paying (with Discover card) the OC and having them recalled from the CA..

But if they total < $1k and your goal is a mortgage next year, it's going to look alot better to the UW if you get them reported as paid..

You are going to suffer a score drop when they update..

Most everyone here will tell you never to call a CA, but you may be able to obtain some GW removals if you speak with a manager and pay in full for removal, I had many accounts removed this way. ymmv...

It won't "reage" them in regards to the DOFD but it will bring the date of last action current. Since the older a negative is, the less it hurts you, bringing them current could cause a significant drop in your scores. This is why I say there is rarely a good reason to pay an old collection account..

Also, once you have a couple of mortgage inquiries hit, the CA's know they have you over a barrel and become much less likely to settle for a partial balance..

I suggest cut/pasting the way they are reporting into this thread. There are probably a few reporting errors that could be used for an FCRA dispute which might get them off your reports now..

This post has been edited by.

Jtoast.

: 18 January 2010 - 10:29 AM..