Last Baddie about to drop...

[tjmolly]

I had a CO on a BoA CC from 4 yrs ago.  I just settled for less than total due and they should be reporting this to the CRAs soon.  Given the age of the CO, should I expect much of a change in my score once it shows settled? It would be my last "active" baddie on the reports.

[cjane1]

Paying the collection is great but it needs to be removed. I suggest sending a GW or calling to get it removed, hopefully you will get someone that is nice enough to remove it.

[Anonymous]

If it doesn't get removed it may actually drive your score down a bit it's like waking a sleeping giant so to speak.

[RobertEG]

Reporting of paid is considered a postive notification that the debt remained delinquent up to the point it was reported as paid, and thus will increase, not decrease, the negative impact of account delinquency.  Thus, as stated above, you may see a score decrease based on the updating of the account to show the extended delinquency.