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
Blkhip

0 Contributions
0 People Helped
Should I pay collections?
The debt collectors broke me down with all the calls I agreed to payment arrangements and just found out that paying them off will not bring up my credit score. So should I finish paying them off or use that money for something more beneficial?

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
5233 Contributions
1205 People Helped

It depends on what you owe and if you could realistically get this debt knocked out. Keep in mind that they may have grounds to sue you in court if you quit paying, would they, I don't know, probably depends on if the amount is worth the cost to recover it. Start reading all that you can on credit, it will benefit you.

Top Contributor
11 Contributions
4 People Helped

Pay to Delete

this will only work if you have the money up front.

You can negotatie that you wil pay them in full if they agree to not report it to your credit. It's a very common thing people do and it will work if you can pay it all up front. 

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.