I hired a lawyer to represent me and to try and have 2 small collection accounts owned by different collection companies removed from my credit report.
Both of them I could pay in full if required and my intention are to negotiate the best deal that improves my credit score.
One company has told my lawyer that they do not remove record of collection from the credit report, and the other has not responded to my lawyer yet.
I am wondering which scenario would be a better option for my bank account and credit score which is in the mid 600's right now.
1) Ask my lawyer to negotiate harder for the removal of the collection based on full payment.
2) Negotiate a lower amount with those not willing to remove collection account from credit report.
3) Pay in full and accept the terms of the collection agency.
I am not sure or experienced in how much a full payment vs lower payment would affect me with my credit and current scores.
Also I am wondering if the contact initiated by my lawyer resets the report date and extend the time it remains on my credit report?
Thanks in advance for any helpful advice you can give!