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Re: Paying CA


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Posted by Why Chat (209.240.205.61) on December 15, 2003 at 07:42:54:

In Reply to: Re: Paying CA posted by dixiedrifter on December 15, 2003 at 04:24:18:


Dixie is correct, paying them off may HURT your credit more than help it. These entries will now show as PAID collection accounts for another 7 years. Instead of being removed at the LEAST next year and probably sooner.

In addition these CA's have a habit of grabbing what they can from you, and then adding on fake charges and selling the account to another CA, THEY may disappear from your reports, (as they agreed to) but a NEW CA will surface with a NEW collection account.


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