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TinyB

Member since: August 2010

Total Contributions: 1

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is it better to make payments towards a collection balance or two make a settlement at a lower rate?...

I think paying the whole balance in installments is better because it looks better on your credit that your paying the monthly balance on time...however i'm in that situation too and i did the opposite I settled it for the minimum lump sum to close it out just so it's one less thing I have to pay for. I should have kept paying the monthly but I didnt

Response posted 1 year ago

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