Mortgage and Insurance

I’ve read these boards zealously, and have a question.  Hopefully some of the wizards here will have advice for me. 

 

We experienced substantial credit carnage in 2003 — defaulted on a handful of credit cards, etc.  I have lived carefully with my head down ever since, and the SOL has passed for everything, everything, everything.  I’m totally and completely in the clear on THAT bit. 

 

Last month, I started hitting the “seven years plus 180 days past DOFD” — and between July 2010 and April 2011, every damn bad thing “should” drop from my credit reports. 

 

However…

 

Midland Credit Mgmt. has been re-aging one acount — of course, it’s the biggest.  ON my TU report, it showed that it should drop off next month; on my EQ, it shows that it’s there until next March.  However, I recently tried to get a loan — and MCM shows up as new every single month! 

 

I have been TOTALLY reluctant to “poke the sleeping giants” — so I have done nothing, zip, zero to take on any of this… other than letting the calendar pages drip past.  Time is the only weapon I’ve been using. 

 

Soooo…. if you were in my shoes, what would you do? 

 

A — ignore it, continue letting time take care of it and counting through the next six months before taking any action

B — try to GW some of this stuff off, or try to validate it off?

C — something else?  (which will NOT include paying a dime to any of them — since I’m past the SOL, I’d be crazy to do that.)

 

I have added three positive tradelines in the past year — paid 100% on time — and my score has increased from the mid-500′s to the low-600′s.  So far. 

 

What would YOU do?  What advice can you give to somebody who’s at the bitter end of nearly seven years of waiting for it all to drop off the credit report?

 

thanks!!!!