Sammi
Date: Mon, 05/07/2012 - 15:19
:(hello if I settle my accounts with the collection agency would that remove them from my credit report or it woud at least dont have negative impact on my credit report any more , please let me know
well
you said settle.that means you negotiate an amount lesser than what you owe.if that's the case then it would still impact your score as a paid,but settled and not in full.still it's better than not paying at all.even if paid in full it would still show it as collections/chargeoff paid so there you have it.
Paying a collection account will not remove the negative tradeli
Paying a collection account will not remove the negative tradeline. And it does nothing positive for your credit.