@Anonymous wrote:If I pay a collection account will my credit score go up or stay the same just because it's a collection account that will remain on my report? Can I pay it and have the collection agency remove it from my credit report?
This is called a PFD, which if successful would remove the TL from your report. This is what you would want. If just paid, it's still a derogatory and will affect your scores.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.