I have 4 or 5 collections to be payed off. Do I want to pay them off asap to improve credit score or should I concentrate on other debt and wait to see if they come off credit report after the 7 years are off. They vary in time from 3-5 years right now
In my opinion, I wouldn't pay them unless they delete and make sure they know that you will never pay unless they delete. Paying doesn't help anything as far as your credit goes.
Oh, and also I've found that it helps to try and bait them into an FDCPA violation and then immediately send a letter stating your intent to sue which could be avoided by a PFD. They fold their tents pretty easily.
