Hello,
Have a friend who is in need of some serious debt relief help. She's new and has never checked her credit report prior to today.
Her score: 492 YU 505 EQ per Credit Karma. (I know it's probably off on FICO)
Collections (10)
Majority of them are from 2013-2015
2 Student loans
St of MD Central Collections Unit 328.00 (2011), 7326.00 (2012)
3 Utility Bills
SW Credit/Comcast - 299.00 (2015)
Celco/Bluenote - 92.00 (2012)
ERC/Sprint - 454.00 (2013)
3 Medical Bills
Global Credit Med - 243.00 (2013)
MediCredit - 653.00 (2014)
Central Credit - 459.00 (2015)
2 Traffic
DC GOVT/ Professional Account Svcs - 100.00 (2010)
Xerox Mont Safe Speed - 115.00 (2013)
What is the best way to get around this? I was thinking she send letters out to the medical/utility/traffic collection companies and request they remove these from her credit report in exchange for a certain amount. She can pay the traffic fines off in full. The medical utility bills may need to pay a percentage of. I would like to deal with the school loans last. Or if it's smarter to deal with them first? Any help is greatly appreciated.
Thank you!