All Posts Tagged With: "debt in collections"

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Why Paying Off Debts Might Damage Your Credit Score

Paying the bills often hurts our wallets; but did you know paying the bills can also hurt your credit score sometimes?  Many consumers who have an account in collections, charge-off status or delinquency status on their credit reports find that their credit scores actually drop when they pay them off.
At one time in the recent [...]

November 13th, 2007 | Debbie Dragon | Comments | Continued