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not paying for a collections account. will it hurt your credit score every month?
i have a debt of $3500 from student loans that now have gone to collections and a credit card that i'm making small payments on right now. i'm still in school and i was wondering if i don't make any payments on the collections account will it lower my credit score even more each month?
Asked by
davidly87
1 year ago
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Yes, not making payments will continue to drop your score.
nandog 1 year ago
damage is done, dont do sqaut without a pay for delete letter. student loans ouch, ask for loan rehibilation
nbirnbaum2 1 year ago