I had a judgement roughly speaking 4-1/2 yrs ago of $595. I just academic that now it will cost me $3500 to pay packet it off. I wont know how to pay that. I know that underneath the Statue of Limitations, it will be off my text after another 2-1/2 yrs.

But my question is this...

Should I try to apply for a high-risk loan and receive monthly payments to get my credit rack up better? In another 2-1/2 yrs it will probabily be extremely low if it's not already. Would my credit score move about up all by itself after the 7 yr Statue of limitations is up?

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Answers:    The elder the judgment or delinquent details the less the effect it have on your credit score.If that decision is removed, Yes your score will jump up on it's own.
You probably need a credit card to show that you can label payments on time That would emphatically help.

EDIT

One other entry you can do is pull up your free credit reports from
https://www.annualcreditreport.com/cra/i...

and dispute every gloomy account on within and the credit burea has 30 days to verify the story and if they cant verify the accuracy of the description they have to delete it LOL!
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