If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

I would like to pay off bad debts, but I%26#039;m wondering if it%26#039;s worth it. Even if I pay it off, will it ever matter? I worked as a bill collector for 2 years, although we were trained to lie about how it truly affects your report.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

Paying them off will show on your credit report as a zero balance. Your credit report will also show that you were late paying it. A zero balance showing that you did pay it looks a lot better than a debt that is still outstanding and late.

Any negative items stay on your report for 7 years.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

They will remain on your credit report for 7 years.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

That is a start. Credit worthiness is dependent on a long track record of timely payments to what you owe, not just a one time deal. It may take a year, or two, but if you pay your bills on a timely basis, you credit standing will be improved over time.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

If you are paying them off that will reflect on your credit score each month. It will not stay there for 7 years. It will only be as long as you are taking to pay them off. I would suggest contacting you creditors and asking them if you can make a payment arrangement with them and if they will lower the interst if they are charging you interest. Tell them flat out you would rather pay them off then file bancruptcy. it is in there best interest to get what money they can. Since you worked for a credit bureau you should know not to take no for an answer speak with a supervisor. once you agree to something they should charge that as a bill instead of your old one and it will reflect on your credit score each month that you pay on time and build your score a whole lot faster.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

Hi!

Well...if you want the truth..paying them off might not be a good option. It depends.

The sad truth is by paying on an old debt...not only do you restart the seven year clock (many people seem to not believe this-I have seen it happen-it is a fact) it will not only not improve your credit scrore..it will hurt it and make it even worse.

I know you did not want to hear that..but it is the truth.

If I pay off bad debts, will they still show on my credit report and affect future credit lenders?

Yes ... they will showe

I can delete them for You

...

E mail. me if u want me too