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URGENT!! PLEASE RESPOND

strong_lady
Regular Contributor

URGENT!! PLEASE RESPOND

My 2003 Ford Taurus was reposessed in 2006.  The balance has been forwarded to an collection agency.  Should I pay it off in full or make monthly payments to boost my credit score?
 
Or does it even work that way.  I owe 4,600 dollars and they told me there is interest on it so the balance is increasing.
 
What should I do?
 
 
 
 


Message Edited by strong_lady on 06-26-2008 08:14 AM
Message 1 of 1
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