Re: reposting my question/paid vs unpaid collections

Posted by Bob3 (205.174.22.20) on March 01, 2004 at 23:53:38:

In Reply to: reposting my question/paid vs unpaid collections posted by catballou on March 01, 2004 at 15:28:23:

I believe it is because a collection is still a collection, whether it is paid or not doesn't matter to most lenders or FICO.

And that is why paying a collection is money down a rat hole (unless it is the last thing holding you back from a mortgage -- at least then you get something out of it).

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