If I pay an old debt that is set to drop off my Cred report in 2010. Will it start the 7 yr wait allover again

Question by puerto_rica1: If I pay an old debt that is set to drop off my Cred report in 2010. Will it start the 7 yr wait allover again
I have an old debt on my report from an agency that is set to drop off 3/2010. I want to pay it since I have the money now, but I am afraid that it will start the clock all over again. What do you guys suggest?

Thanks!


Best answer:
Answer by babywaitUnpaid debts do not drop off your credit report at a magical 7 yr mark. It will always show up as an unpaid collection or past due account either revolving or non revolving depending on if it is a loan or a credit card account. Pay it off, it is always better to show as paid (even if it took you a

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