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I have a outstading bill from a collecter if I pay it does my credit score go up or stay the same is it worth paying

Answers:

1) Paying old debt does not improve your score. However, creditors look at your whole report not just the score. Paid old debt looks better than unpaid. If this debt is still within the Statute of Limitations (SOL), the timeframe to bring lawsuit, the collector could sue, win a judgment, then attach your bank account, garnish your pay, and lien our property. Negotiate a settlement. Lump sum gets the best deals. Any payment plan has to be short term. Get any agreement in writing and do not give them direct access to your bank account.

2) You should use credit reporting company. Try this one - http://creditreport.imess.net They can clean lots of bad stuff from your credit report.

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