Impact on credit score after paying off 3 year old delinquent telephone bill..

I've a 3 year old telephone bill on collection. I think that paying off the debt in full today will restrat the debt clock on the account, thus the debt will be showed on my account for 7 more years from today. Would paying off the bill help raise my credit score? I'm not sure whether I should pay off the bill or keep it as it is or another 4 years.
1 Answers

Ask Question

Waterfall approach to debt free ™

Legal debt relief methodology that works based on your financial conditions.Learn more »

  • expertise badge
  • TrustLink logoTrustLink logo
  • Customer ratings on BBB
  • IAPDA logo
  • Calchamber Member
  • Calbar Registered
  • D&B
  • Trustpilot
  • yelp logo