After you pay a bill that has been in collections how long does it take for it to come off your credit report?
I have some medical bills in collections right now and I was wondering how long they stay on my credit report after I pay them. I also lost my job and I am behind on my credit card. If I pay it off when I get my taxes done when will that come off. And also will it always say that I was behind?
Asked By: MissMonique - 3/2/2010
Best Answer - Chosen by Asker
Negative reports stay on your credit report for 7 years whether paid off or not and correctly reported negatives cannot be magically removed. However it does look better if you ask the creditor to notate your credit report item as paid (get it in writing before you pay them off).
Answered By: Julia H - 3/2/2010
Additional Answers (3)
7 years after last posting and yes the fact you were behind will remain even if you close the accounts
Answered By: golferwhoworks - 3/2/2010
The fico score will not improve if you pay off that debt... More
Answered By: Judy - 3/2/2010
Paying off derogatory items will not improve your score nor will they be removed from your credit report. The damage is done and will remain for the balance of the 7 year reporting period, whether paid, unpaid, or settled. However, creditors look at your whole credit report, not just the score. Paid old debt looks... More
Answered By: bdancer222 - 3/2/2010
(89) Local Jobs Paying $19-$97 Per Hour- Available Today. Apply Now!
Find job openings in your area. Apply for open job positions today.
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
New job opportunities added daily. Search & apply for DC jobs now.
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.