Some people think that just because you pay a bill on your credit file, it will improve your credit. This is not always the case. In fact, when you pay collection it will do more damage to your file. People tend to do the opposite in improving credit. Once a collection is put on your file the DAMAGE is done. You loose points the day it is reported to your file. Credit is like chess, you must learn to move at the right time. Since, credit is so complex, people tend to get misguided by others.…
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