Updating Collection Account

[Anonymous]

I have a collection account from 2 months ago on my credit report. I agreed to pay them monthly. It seems like every month they update the new balance for the amount. Is this affect my credit score any when they update. It seems as if it was a new collection account because I have email alerts on my credit report. When I get the email it said NEW COLLECTION account added, but then I go to the website under the alerts and it said collection account added or update. How would I know if them updating is effect my credit score because it seems my score when down abit.

[Anonymous]

Welcome to the forums.

They are supposed to update the balance as it changes. 

Your score should not be impacted by the updates because it is done every month.  The initial account hitting your report is what would have impacted your score.

Where are you getting the alerts from?  What monitoring service?

[Anonymous]

Equifax monthy plan to monitor my credit report. The sent me email once something is added or changed on my report