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lamariow

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Paying collections good or bad???
Is paying off collection accounts a good idea or should you wait until it falls off after 7yrs???

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Depends

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It depends on the amount of time passed and your need for credit. If you decide to pay off collections...Negotiate! Always try to get the colleciton account deleted. Make sure you getting it in writing before you pay one penny. I hope this helps!

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Thanks a lot!!! If the collections agency DOES NOT agree to remove the account is it still a good idea to pay the debt seeing that it has already damaged your score??? Or should you just wait til it falls off on its own???

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