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dmwlaw1974

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If paid in full imeadiately, how long does it take to remove neg credit and improve score?
I have been declared permanently disabled and have received three years of back payments and want to pay off all the bad debt on my credit report, most of which is medical. How long after payment will it take to improve my credit scores?

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Paying off collections WILL NOT increase your credit score. Paid collections are still collections. You may be able to offer the collection company a "Pay For Delete" abbreviation you will see on this site "PFD". If the collection co agrees to delete the negative account from your reports GET IT IN WRITING before paying them. Also understand that if the debt is old they may settle for a partial amount of what is listed. Be extremely careful in what you are doing, because if not you may pay a bunch of money with absolutely no benefit to you.

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