Debt Collection

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Asked by Troy

How much does a debt in collections affect your score?

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Answers 1

Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA

There are several factors that influence how badly a collections account affects your credit score, so the overall impact is unique to every person. Generally, the hig...

Credit Rating Debt Collection Borrowing

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Asked by an anonymous user

If you have an account that went into collection and was then closed as a charge-off, but you went ahead and paid it, should that account appear as "paid as agreed" on your credit report?

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Answers 1

Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA

If the count has a "charge off" status, then the creditor has probably written it off as a loss, but the debt would still be owed. If you've paid off the d...

Credit Rating Debt Collection Borrowing

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Almost 2 Of 5 Contacted About Overdue Debt

New Survey Shows Increasing Concern About Debt Repayment

Have you missed enough credit card payments that your creditor has contacted you about your debt? If so, you aren't alone. According to s...

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Debt Collection Borrowing Cash Advance (Payday Loans) Credit Cards

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Video: Seniors, Don't Worry About Timeshares You Can't Afford

Get out of a Timeshare with your Retirement Income intact

By Eric Olsen, Executive Director, HELPS Nonprofit Law Firm I just got off the phone with a senior couple who have a timeshare they ca...

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Credit Rating Debt Collection Home Equity Loans & Line Of Credit Borrowing

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Asked by Jessica

How do I start paying the money I owe?

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Answers 1

Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA

There are several approaches to paying off debt. Read our coverage of one study that found the "snowball" method was most effective in helping debtors pay down...

Debt Collection Borrowing

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Asked by Cody

How can I track down my debt?

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Answers 1

Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA

When you are logged into your Credit Manager by MoneyTips account, scroll down the page and click the "Accounts" link on the left-hand side of the page. Here y...

Debt Collection

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