I have a collections account from an old capital one account from 2010. Hadn't been updated on my credit report since June 2011. I had since paid off 2-3 other open accounts and my credit score went up to the mid 600s. Today I pulled it, and it's back down to 571. The collection agency updated it in April and May of this year, which im assuming is why my score went back down so quickly.
If I have the money to pay this off, do I pay it since its now "current" or will that drop my score even more? Hoping to get a house soon and don't want this hanging over my head anymore.
