Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

IF I PAY OFF A DEBT WITH A COLLECTION AGENCY….?

April 26, 2017agency Business collection credit debt Finance pay

0

Posted

IF I PAY OFF A DEBT WITH A COLLECTION AGENCY….?

1 Answer

0

Posted

No it will not. It will show on your credit report for 7 years. You should pay off all other debt first before the collection agency because this will prevent more negative info on your credit report. I would always pay the collection agency last because it will not help you credit.