There 2 places where in I have got KD entry.
1. Verizon phone account: Before moving out from MA to CA on 31 March 2006 I had closed the account but I had to pay Termination fees. This amount was then waived off in June 2006 and I didnt owe anythng to Verizon. Now when I see my credit report it shows as KD for the month of Nov and Dec 2006. They have admitted that it was mistake and they didnt reflect the amount that was waived off and will inform the credit bureau to take the KD off.
I wanted to know how will this happen and will it then improve my credit score.Its now 572.
2. Kohls credit card: There was only 1 transaction of 130 $ that I made on this card in April 2005 and the bill always went to MA address due to which I never got the bills at my CA home. I got a call from the collection agency and they said that if I settle it I will have to pay 222 $ and close the account or pay 297 $. They said that if I make the settlement it WONT affect my credit report, and so I settled it on 28 Dec 2006.
Will the above 2 entries be removed from my credit report and how soon will I get my score back to atleast 670 .
Because of above two problems I cant even take up an apartment for rent.