Is there a benefit from paying off derogatory items?
In the long run yes, but remember, whenever you make a payment on a derogatory account that seven year clock starts all over again and that item will be reported for seven more years form the date of payment. If you choose not to pay off a derogatory item, then it may be resold to another collection agency and in turn that will start the seven year period all over again also. Always check with us before paying off any items.
