pinkeysas Posted April 10, 2007 Report Share Posted April 10, 2007 Last year (before finding this site) I paid a settlement to Calvary Portfolio (a CA) who was collecting on behalf of AT&T. Now on my recent CR they are listed as: STATUS: Paid in settlementCREDITOR'S STATEMENT: Account legaly paid in full for less than full balance. The strange thing is that this listing is listed under my ACCOUNTS IN GOOD STANDING section of my CR. I thought that a paid collection was a BAD thing???Am I missing something? Link to comment Share on other sites More sharing options...
chilton1 Posted April 10, 2007 Report Share Posted April 10, 2007 Yes, If you are trying to get a mortgage or private student loans for example you cant have any outstanding collection debt. It probably is hurting your score. I gain 25 when i paid colletion from last year was removed. After it was paid it was also reported with my good accounts. Link to comment Share on other sites More sharing options...
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