Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
patrickward978

0 Contributions
0 People Helped
Accounts in Collections showing 0% Balance Paid
When my daughter was born almost 4 years ago I totally destroyed my credit. I've almost paid off all of my past creditors but I am confused about the % of balance paid feature shown on my credit karma account. Two of my credit cards went to collections way back in the day; Being the irresponsible 20 year old that I was I didn't do anything about it for many years to come. After some time I finally worked my way up the career ladder and was able to start paying off the accounts in collections. Two of the accounts on my credit karma account show the "closed" status and both show 0% of the balance paid. Yes, the accounts are definitely closed but the collectors have been paid off in full. Is this normal for accounts that have gone to collections? What are the next steps I should be taking? Any insight is appreciated.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.