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credit report after collection

Date: Fri, 09/09/2005 - 09:32

Submitted by anonymous
on Fri, 09/09/2005 - 09:32

Posts: 202330 Credits: [Donate]

Total Replies: 1


after something is paid off to a collection agency are they going to take it off your credit report?


Hi tiffany

Welcome to the forums.

Since your account is shown in the collection, it is a negative remark which will stay in your credit report for as long as 7 years.

After you pay off the collection account, it will be shown as paid collection in your credit report. It will be viewed more favorably by your future lenders.

Regards
Roxette


lrhall41

Submitted by roxette on Fri, 09/09/2005 - 09:48

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