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cierraabe

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What is a closed collection, and what can I do about that?
I have a few different closed collections account, and none open? Do I need to pay these? How do I got about paying them?

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Closed collection accounts means: that it is the final balance owed, it also means that there will be no further accumulation of debt towards this account.  To deal with closed collection account: simply contact the creditor and first try to negotiate a "pay for delete agreement" this is when you agree to pay the full amount due if they would agree to remove the collection item from your report permanently.  Legally they don't have to agree to this but some companies agree that by following this practice, they will receive payments faster and collect more money owed. Offer not accepted; then just try to settle the debt at a lower amount. A settlement will result in the collections being reported as paid as agreed and will show a zero balance owed.

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