Senin, 23 April 2012

Q&A: Should a collection account be paid in full, or paid in payments, for a better credit score.?

by eyewashdesign: A. Golden
Question by L S: Should a collection account be paid in full, or paid in payments, for a better credit score.?
I have a few new (within 1 year) collection accounts that need to be taken care of. I have heard that paying off old accounts in full will negatively affect rating, so I am assuming that paying off the newer ones first will have better short term results in my credit score. I know from dealing with up-to-date credit card accounts, that a payment

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