Removed is ALWAYS better. Paid collections do little for your score.. and can in fact bring your score down. And yes, a GW letter can be used for a paid collection.
ficohelp wrote:I had an old collection account from 2000, that I paid in full, however the info sat on my CR for 7 years, it is about to fall off, but I knew it always had a negative effect. .I just pulled all three CR's and found a distant education account sittting out there. My question is should I just ignore. Does anyone know the point difference for collection paid in full or completely removed? Has anyone ever heard of a Collection agency removing after PIF?Thanks