General Credit Topics

[bestchoicedirect]

How can PAID COLLECTIONS still be under the "Collections" tab if they are settled/Paid and closed.

Can they not be listed as "current closed" ?

Please help

[RobertEG]

Upon payment of the debt, the debt collector is required to report the collection as closed, and the balance under collection as $0.

Deletion based on payment is not required.  In fact, it is contrary to the credit reporting guidelines issued by the CRAs.

[llecs]

On a FICO standpoint, it doesn't matter if you owe $0 or $10k, the damage is equal. There's nothing that can be done to make a collection a positive account, other than to get it deleted.

Look around in here for "GW letters" and send them one, asking for a deletion.