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Tanner7424

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If I pay in full things that are in collections, will my score increase or just stay the same?

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Top Contributor
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You want to attempt to get a PAY FOR DELETE agreement before paying. This is when you get them to agree to remove the account from your credit reports in exchange for you paying it.

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If you cannot get a pay for delete agreement, a couple different things can happen. If the account is currently updating monthly, it should stop it from doing so, letting your scores start to heal and grow. If the account has not updated in a long time, when you pay it, it will update and cause your score to drop, because the collection will look new. Paying it could also help if the amount is currently being factored into your utilization rate (depends on the debt) by lowering it. And of course paid collections always look better than unpaid collections under manual review, but Fico scoring does not recognize the difference between a paid or unpaid collection, both are collections and both are bad. At all costs try to get a pay for delete agreement to get it removed.

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