Want to rebuild credit

QuestionsWant to rebuild credit
asked 2 years ago

Whats up guys and gals, Im attempting to rebuild my credit for the second time. i was on a good road the first time but i messed up a signed for my brother to get a truck, he made three payments and just stopped. so now  i have a $ 16000 charge off with capital one. The only way i found out about it is because the truck was totaled and the insurance company only wanted to talk to me, so they are sending me a check for $ 10k. The truck have two more years left to be paid. If i pay capital on the entire amount that i owe will my credit score increase? and if so what should my next move be? thanks in advance

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