June 15th, 2010 
Hi,
On my credit report I have 4 negative items. My score is really low around 460.
Three are collection agencies and one is HSBC.
One ca agreed to a settlement. 1,500 of 3,000. I have their statement in writing that they will update the status to paid in full. They had no desire to agree on a pfd, unless the full amount was paid, which I don’t have enough money.
The two other ca’s agreed on pfd, if I pay the amount in full. Which I will as soon as I receive the pfd confirmation letters from them.
My HSBC account is already closed by grantor’s request. I agreed to pay the full amount in exchange they remove past due history, and change their statement to account closed at consumer’s request w/ 0 balance.
Would any of this help up my credit score? I’m hoping it does, but i’m really doing it to start over clean and pay my debts whether it helps or not.
Mathew
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