Collection account closed but not deleted. Affect of this on credit?

[JasonK94Z]

I have been in the process of disputing a collection for portfolio for some time now. The status has been changed to "closed" on my transunion report. It of course still shows on my credit profile. 
How does this affect my score, etc? 

[GZG]

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@JasonK94Z wrote:

I have been in the process of disputing a collection for portfolio for some time now. The status has been changed to "closed" on my transunion report. It of course still shows on my credit profile. 
How does this affect my score, etc? 

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Portfolio will delete if settled, so that's always an option. 

If it's your only collection/derog, it's probably a large impact on your credit, otherwise, just a smaller impact.

[JasonK94Z]

It's been on my report since 2017. I'm out of SOL. No point in paying anything on it. 

[FireMedic1]

Disputing it hoping it will be deleted wont happen. Portfolio will delete if settled or paid in full. It will remain until 2024.

[JasonK94Z]

I've had them delete 2 others so far. One left to go 

[OmarGB9]

If it's closed, but unpaid, it still affects you the same. And just because you had two other collections deleted, doesn't mean this one will too. In addition, the fact that it's out of SOL doesn't mean the debt is no longer owed. Plus, as mentioned upthread, portfolio will delete when paid, whether you pay in full or settle for less. But you do what you think is right.