Just take care of your credit cards and all your other loans will take care of the credit score in time. After you pay off the credit cards, close several, all you need is like 2 and make sure you get some kind of cash back or rewards without having to pay the annual fee.
Don't open any credit card accounts anymore. And call the companies and threaten to close them. They will usually lower the interest rate on them to try to keep you. Do no consolidate them with some kind of consolidation company, it will show up on your credit reports that you did. Also, I personally will not settle, just threaten to close and they will lower the interest rate to something very low, probably at the rates of the student loans.
Don't touch the savings, you need that for a rainy day, as you probably know already.
Take care of your credit cards first. If you make 49K, that's around $4000 per month before taxes, let's say, after taxes with 1 allowance, you probably will take in approximately $2500 per month. It's probably more, but I'm assuming you put in something like 3% or so for 401K, up to what they might match 1 for 1 or .50 for 1. Anyways, just say rent is 800, loan and car payment comes up to 800, and 400 for misc that are mandatory, like food and electricity for example. That's 500 you can pay off for credit cards per month, and maybe even more. If you can cut some expenses more, you might be able to knock off the credit cards in a year.
Whatever you do, no minumim payments and live cheaply like you are a single bachelor that doesn't give a crap about anything. Live cheaply by grocery shopping and eating in - use coupons, working out outside rather than a gym membership, buying clothes at places like ROSS or TJ Max than Macys or Bloomingdales, drive less often - ride a bike. Skip the Star bucks for the office blend coffee. It's the little things that add up that kill us. and PAY OFF THE CREDIT CARDS FIRST AND FAST. That's what's killing you.
After you pay off the credit cards, cancel a couple of them, only carry one, put one away for an emergency situation. Then you can either live a little, eat out a little more, etc. or just put all that money you were using to pay off the credit card to 401k, or saving account.
Wait, before you do anything, give me some more information if you don't mind. I don't care about whether you went to a 1st tier or a 4th tier, just give me some more facts, i'm not seeing the whole picture...
1a)When you say 'negative' account, are you saying you have 6 credit cards with 10K all together, or are you saying 6 loans, like education, car, etc. with 10K all together.
1b)What's your total assets, like saving account, brokerage accounts, 401k, etc. I'm not referring to furniture, car, etc.
2)How old are you? 550 seems low but again, I'm in the thirties...I mean, you might be 25 for all I know.
3)Do you have any loans, car, house, or education loans.
29 and the Crd Card accts total 10K alone. There are three of them in the charge off column. Other accts are just student loans, car, etc(which are all current and have never been late). Assets are just about 1K in a savings acct. Is it best to save and settle them for 5K(Crdt Card companies usually will settle for 1/2 if in a lump sum or should I just start paying about $50 per month on each and go the long route).