Paying off collections improves your finances, but what happens to the negative mark on your credit report?

Paid or unpaid collections stay on your credit report for seven years from the date of the first missed payment. Depending on your credit score, a collection account can cause a drop of 100 points or ...

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

‘Please take me to small-claims court’: This St. Louis man’s credit score plunged from 815 to 630 after his landlord sent a $4,500 rent dispute to collections — here’s how he fought back When St.

Paying off collections debt isn't always the clear win it looks like. Here's how to decide what path to take.

Your credit scores determine everything from the interest rate you pay on credit cards and loans to whether or not you qualify for rental housing. Once your debt has been sent from a creditor to a ...