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redangel2560

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Credit cards paid off. Soon to pay off all collections. How to effect score quickly?
Medical bills went in to collections. They will be paid off within 2 months. Once they are paid off, how long will it take to get a really good score?

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Paying off collections does not remove them from your reports unless you get a PAY FOR DELETE agreement prior to paying, unless it is the companies policy to remove once paid. Usually when you pay a collection, the collection updates to closed with a zero balance, which sometimes can help a little, sometimes can cause damage if the account hasn't updated in a while, or sometimes change little. At all costs try to get the account removed in exchange for your payment. Complete removal of the collection account is the only sure fire way for a score increase. A collection is a collection, paid or not, you don't want it on your reports.

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