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MissHollywood

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how much will my score be raised if I pay off a collection

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It May Drop

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Your score may actually drop. Whether the account is paid, or unpaid a collection account will always report negative. Also, how old is the account. Is it more than 2 years old? If it is, def. do a pay for deletion and negotiate starting low. After that time period they really just want the account paid and may agree to do it for a super low amount. I wouldn't advise paying the account though without that letter if you want it off of your report.

If they won't agree to a pay for deletion feel free to message me. I have a whole folder on my computer with sample letters, convos, etc. to get it done.

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Probably very little, if any at all. Most of scoring models dose not distinguishing between paid or unpaid collection.

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If you can get a PAY FOR DELETE AGREEMENT it will help, by how much I don't know as it depends on the rest of your credit profile. Do some reading on "pay for delete agreements" as that is what you would want to get.

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