Settled with collection agency
Date: Wed, 04/10/2013 - 10:39
i have just received a letter from the collection agnecy stating that my account has been "settled in full", how does this affect my credit?
Your account was already a
Your account was already a collection account...doesnt change or improve anything.
So if I settled my debts
So if I settled my debts regarding past parking tickets, it will show increase in my score? Can I write them a letter asking to remove the listings to help? They were paid in April and have not changed at all, except for a KD listed for May
DId you read what I wrote
DId you read what I wrote above?? Paying collection accounts will not improve your score. And they will not remove them. Legally they can report for 7 years.