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Question By
Dwimp27

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Why did my credit score go down after paying off a collection & having paid collections removed
I had two things removed off my credit both were paid and all of a sudden my score dropped 8 points. I thought paying ur debts should increase ur score not lower. Makes me feel like I shouldn't pay any of them.

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Geez I hope that does not happen to me,  I just did the exact same thing,  paid a collection off and had one removed.   If it does go down I will not be very happy.  Are you sure a late loan payment or credit card payment didn't just get reported from last month or something ?

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