What impact will paying the debt have on my credit score?
Collections are bad news. They are considered serious lateness to the credit bureaus. Some less than others. You must know though even if paid off they will still show on your credit report for 7 years.
Will settling or paying of collections help my credit score?
Even when you pay a collection in full or partial it often has no impact on your credit score. The bureaus consider a collection paid as an admission of guilt.
What can you do?
Need help removing a collection? Contact us. We