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Posted in Paying Your Bills
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Shelby707

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if an account is CLOSED how can I pay on it and get rid of that accont
I have some closed account on my score that i never paid. and would like to pay them off. but how do i get a hold of that company now? just becuase its closed dont mean i dont owe right?

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The info is in your credit report.

Helpful to 10 out of 11 people

Check your credit report. If the account is closed and sold for collection there should be a collection agency trying to collect it on your report. If not then contact the original creditor. But don't do that unless your ready to settle with them. If you contact them or make a payment it will reset the clock on how long it will stay on your CR. If the amount is larger, you might try an offer and compromise.  That's when you owe for example $5000. You contact them offering to pay them $2500 in 1 lump sum if they will satisfy the debt and take it off your credit report. They may take it but be prepared to compromise at $3500 or more. But it's worth a try if you can do it. Another option would be to offer a big payment followed by 3 to 6 more payments.  Realize that if you can't keep your promise the original balance could become due so don't make promises you don't plan to keep 

If the amount is less than a couple hundred dollars they may have written it of by now so they aren't trying to collect it.  

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