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Will your credit score drop because of an old debt?

Date: Thu, 05/30/2013 - 03:49

Submitted by anonymous
on Thu, 05/30/2013 - 03:49

Posts: 202330 Credits: [Donate]

Total Replies: 1


Will my credit score drop if I ignore or neglect threats from a collection agency regarding payments on an old debt? The SOL period on the debt has expired. My credit score is between 650 and 700 range. I have taken a lot of steps in the last few months to repair my credit. I have even refinanced my home loan in Mendocino, California. I just can’t afford to risk my credit right now.