Even then, I feel you should pay off those unpaid balances.

Hello, I've credit card balances that I've not paid since long. Everything right now is in collections. Though I know paying those off now would not help my credit score, what should I do to improve my credit and remove negative items from the report?

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It's true that paying off the credit card balances now won't help your credit score. Even then, I feel you should pay off those unpaid balances. Because you've to approach creditors for loans in future. And if you wisely deal with your finances for a significant period, it may boost your credit score. However, the negative item will remain on your credit report.
 


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