Paying off collection accounts.

QuestionsPaying off collection accounts.
Velva Krouse asked 5 years ago

I am trying to rebuild my credit. Would it benefit to pay off old collections that are closed? 

Part 2 is due to a financial  hit the laSt few months, my wife and I fell behind on payments to crefit cards. We have since paid them all off 100% there are 4 cards shared between us. Would it be a waste of time to dispute the 30 day late hit or ride it out? How long does it take to recover. We need to buy house in a year or so. Scores are in low 500 right now. Any advise will help thanks

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