Paid collection
- Listed: August 10, 2022 2:50 pm
- Expires: 99361 days, 13 hours
Description
What is a paid collection?
A paid collection is an account that went into collections because it was past due and then was paid.
- Learn more about the Debt Collection Rule and your debt collection rights.
A debt can be considered a paid collection because you paid it in full or because the debt collector agreed to accept a partial payment to settle the debt. Paid debts are often reflected in your credit report. If the original debt was reported to the credit reporting companies, the paid debt generally will also be reflected on your credit reports.
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Listing ID: 14062f3c4e14cc89
- Listed by: Editor
- Member Since: July 24, 2018
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