Easy Approval Low Interest Credit Cards

I'm going to buy a house, and when I went on my credit reprt with my agent, we discovered that I had a debt of $ 2,500 in collections which should be supported to obtain final approval. It wasn't a surprise, because in the past, especially in my younger years I was irresponsible, but I thought I had taken care of my debts a few years ago. Anyway, I wasn't sure why, but what I discovered in 1997 I had a credit card that were not paid then charged off and out of sight of the spirit. Until another company has apparently taken responsibility for the debt, and its reopening. I am sure I didn't have that great of a line of credit, so I am sure that the interest is included in the total. I want to take care of her, and I am sure that the easiest way is to pay the total, but since its so old it would be worth trying to negotiate a lower payment, such as 1500 just to have supported or should I just pay the full balance? Thank you for the advice.

The limitation period should make the debt load ... So technically if you had not made a payment in the eleven years he should be gone ... except for a student loan. The fact that this is not a concern.

Now, assuming that the house is priced too good to be true, then you do not want to lose on this issue if this is really the reason for the hold up - but again it must be past the limitation ... bankruptcies are on the record for 10 years ... then yes, the call - to negotiate a price and get it over with -

A credit card that you have breached 11 years ago are not on your credit reports.

A credit card that you have breached 11 years ago has long since passed the collection SOL.

If you missed 11 years ago and is still reporting, then they "illegally reaged" this report for a period longer than it should be considered.

Look on the reports to ensure they have not yet violated your rights by placing a payment on the phantom account (it happens)

letters of fire off the CRA, it is a relationship with, send letters by certified mail (but no return receipt).
Ask the account is obsolete and should be removed.
Keep copies of everything.

If it is checked, and especially if you are denied a mortgage because of their illegal reporting - talking to a lawyer.