Paying collection with credit card

[Anonymous]

I owe around $700 to my college for overpayment of financial aid. I was told my account was deliquient and went into collections in January. It's not on my credit report yet, and my score is still in the low 700s. If I pay this $700 with a credit card, will it stay off of my report? I obviously don't have $700 lying around, but I do have a credit card I can use. The only down side is the interest rate is about 27%.

[takeshi74]

Payment method is irrelevant.  You need to confirm with the CA or whoever is responsible whether or not it will report.

[Pway]

Yes make sure you check with the CRA and make sure that the collection does not report once you make the payment.  I had a collection back in December with my Tuition as well and it was sent to collections.  I contacted them and made sure that it would not report before I made the payment and it did not. 

[RonM21]

I agree, I'd think as long as you.contact them and ask them not to report it because you are paying it, it shouldn't be much of a problem.