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 Report
Profile Image

Question By
cocomami8

0 Contributions
0 People Helped
If i have a recent CLOSED account in collections on my report can I have that removed? What are

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
432 Contributions
364 People Helped

Not generally. Your history is just that. Historical. You cannot change what happened. However, if anything was in error that could be challenged and possibly removed. Collections do not get removed automatically once paid. They are simply marked as paid.

Top Contributor
1884 Contributions
3672 People Helped

Paid Closed accounts

Generally stay on your report for 7 years from the Date of last contact.  Its part of your credit history that is used to evaluate your credit worthiness.

As a rule the older the account gets, the less effect it will have on your credit score. The longer you stay current on your accounts the less impact it will have. Its all ablut averages soThe more 'On time payments" you have the less ecffect is has. specially if you are older and  have a longer credit history.  The big key here is don't let it happen again. 

Good Luck

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

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.