Posts Tagged ‘ paid collection account ’

The impact of paying a collection account on credit scores

Dear Experian, Does settling a debt that is showing negative on my credit report as a "collection", get removed from my report as soon as it is paid? Does paying this debt help raise my credit score? - ONY

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Paid collection account not deleted immediately

Dear Experian, How do I get something I have paid removed from my credit report? I'm trying to get approved for an apartment and I need it taken off ASAP. I have the letter from the collection agency showing the debt has been paid in full. - RRB

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Benefits of paying a collection account

Dear Experian, I have a credit card account on my report that has gone to a collection company and was written off by the credit card company. If I make a deal with the collection company to start a payment plan and pay this off, will it affect my credit in a positive manner or is it too late for that? Also, does the collection company have to report the timely payments to you to show it is being paid? - SCH

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Paid collection accounts not removed from credit report immediately

Dear Experian, If I pay the bills that were sent to collection will they come off? How do you get them off? I’m trying to get a home in the next few months and my credit score is low. - AMH

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