Having a collections record on your credit file can negatively impact your credit score. While collection accounts do less damage the older they get, they will still remain on your report for 7 years. Despite this, there are techniques you can try to remove collections accounts from your credit report. In many ways, these are the easiest accounts to get off your credit report, but there are no guarantees. In general, collection companies tend to have poor documentation and many are not even licensed or authorized to collect on the debt. With this shaky status, and some negotiation, you may […]
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