Should You EVER Pay Collections - Common Sense Advice | Will Paying Collections Improve Your Credit

[@MrsSweep]

I paid all of my collections. My credit score went up 33 points! Once I decided that I wanted to become a homeowner, I did everything that I could to make that happen. I didn’t want the collections to come back and bite me on the you know what! I started getting serious about buying a house in March 2020 when the pandemic first started. My stimulus checks went toward my collection debt and went into savings. I became a homeowner in June 2021. Everyone’s situation is different, but for me paying the collections gave me a peace of mind.

[@ShaheedahHill]

Thanks for sharing, congrats

[@ShaheedahHill]

Curious, did they stay on your credit once they were paid or did some companies remove them?

[@Brooklyn94269]

Did the lenders raise any questions regarding it?

[@MrsSweep]

@@ShaheedahHill A couple of them were still on my credit report as closed accounts. Some were removed.

[@MrsSweep]

@Ra The collection debts were paid a couple of years before I started looking for houses. The lender didn't say anything because my credit score was ok by then.

[@MarriedZayna]

I paid all my credit (which was only 1 credit card ) and guess what I got an homeowner approval!! Pay your debt ! And my credit score went up 68 points !!!

[@ShaheedahHill]

@MarriedZayna Thank you for watching and congrats!

[@rchot84]

Paying collections with an agreement sent credit score up 50 points.

[@ShaheedahHill]

Thank you for sharing!

[@vincenzacelentano8935]

How long did that take?

[@mssunshine6259]

My three favorite channels: Shaheedah Hill, Stock Brotha, & Ling and Lamb. Make my week complete!

[@ShaheedahHill]

I appreciate it, trying a Sunday upload.. I'll see how it goes. Thanks for watching

[@HittterMcGavin]

Thanks for putting me on to these 3!

[@Virtues162]

Stock Brotha is a walking legend !!

[@Bippityboppityboop]

My collections were removed from my credit after I paid them off, and my score increased.

[@ShaheedahHill]

@Bippityboppityboop Thank you for watching, congrats on getting them removed, sometimes if you just pay and they have not agreed to remove your score may not change. Thank you for sharing.

[@Rellinvested]

How long after did your score increase

[@divineglamourllc.4316]

First off let me say THANK YOU! And thank you for making it clear what your video was about! I’m so tired of the credit hacks! I just want to HONESTLY do what I need to do to get my credit great, and not try to get over on any system

[@ShaheedahHill]

You are so welcome!

[@yourfavnurseb9699]

I agree, I feel like it’s better for your Karma and if you owe the debt, why not just pay it and make it all “right”.

[@bumblebay9559]

I had a collection debt which dropped my score 100 points. Negotiated the price & it was deleted, score went back up.

[@ShaheedahHill]

Congrats, thanks for sharing

[@nebiyatberhe8807]

How much did the score go back up?

[@isaiahherrera3170]

Currently about to close on a house in Chicago the bank lender made me pay off all of my collections before I was approved all of them were over two years old and it did raise my credit up 10 points each one that I paid off

[@brownskinbeauty.]

10 points? That's crazy

[@ShaheedahHill]

If its impacting your ability to borrow you may need to pay, but it really didn't impact your score that much. Thank you for sharing.

[@ronelectronica]

10 points per each collection account

[@DarrinJackson76]

Great, No frills, Honest Discussion. I appreciated this.

[@ShaheedahHill]

@DarrinJackson76 Thank you for watching

[@busyrand]

Excellent instruction, with specifics I always wondered about but never knew how to articulate things. I've avoided handling my credit issues for years because I simply didn't have the money, or understand the process. I've known people who paid but still had people calling to collect the same debt, and others who never had the blemishes removed. You've given me the confidence to look into this stuff... Thank you ma'am...

[@ShaheedahHill]

Thanks for watching!

[@lianalonge1984]

I paid all collections with the understanding that it would be fully removed from my credit report. As a result, my credit score increased by 65 points.

[@ShaheedahHill]

@lianalonge1984 Thanks for watching and sharing. And the key is that they agree in writing to fully remove from your credit report.

[@mirapilates]

​@@ShaheedahHillI tried this and they said it's against policy to put things in writing.

[@Miss.Lechuza_Chusma]

THANK YOU ❤ you finally made it make sense . I watched 3 videos before this and had no clue until I found yours !

[@ShaheedahHill]

You're so welcome!

[@TxHoneyBee]

Thank you Shaheedah. This is really helpful! Years ago I allegedly had a University debt go into collections, and I'm wondering if it was truly even mine. I paid if off immediately, but if I had seen a video like yours, I would have followed your steps. Thank you! I always look forward to your videos. You're the best.

[@ShaheedahHill]

You're so welcome, thanks for watching.

[@johntracy72]

If you do, pay it in full because many people don't realize that settling for less than what's owed becomes a tax liability, which means basically taking on another debt.

[@bridget2369]

I’ve always heard it’s veryyyyy important to pay utilities because if you move anywhere they may block you from getting the lights/water turned on and the fees are higher or you may need a co-signer😏

[@ItsJustMeStevie]

I applied for credit and was denied because of a $1400 debt in collection. Last week, I got a letter from an attorney of a debt collector asking that I pay or risk lawsuit. I’m paying it off next week. I want to buy a condo in a year or two and will be paying off all credit cards and work on improving credit.

[@ShaheedahHill]

@steveramirez2269 Thank you for watching

[@loveinthewebb6168]

This was so helpful!! so glad I came across your page

[@ShaheedahHill]

Glad it was helpful!

[@Princess-Jellyfish]

You don't know how much this just helped me, I was about to take money out of my 401k to pay a 3 year old collection to prepare to buy a house in a few years

[@ShaheedahHill]

Hold on to that money. 😊

[@FaithPharr]

You speak is proper and I absolutely love it. You pronounce every word

[@ShaheedahHill]

@user-tk1yh2he9z Thank you for watching

[@deloresredman4792]

Why does that surprise tou

[@FaithPharr]

It doesn’t surprise me at all. @@deloresredman4792

[@lemarcuswilliams6954]

Its called an educated black woman.

[@keylaethomas6777]

You're amazing! So smart and well explained, love it!

[@ShaheedahHill]

Thanks so much

[@TheBohoSol]

I think I made the mistake of just flat out paying the full amount to the collection agency. I was tired of seeing such on my report and it’s fairly new

[@ShaheedahHill]

@TheBohoSol Thank you for watching, no mistakes only lessons...clearing items off is never a bad thing but if you can negotiate a lower amount and/or get it in writing they will remove from your credit report that can be a benefit.

[@Docmotivate]

I do CREDIT REPAIR myself and I never pay off collections or charge offs

[@ShaheedahHill]

Thanks for sharing

[@Sade0427]

How?

[@thatsnotkat]

Thank you for this video, truly. It has been so hard to get clear and concise advice on this specific topic. I appreciate how well this was all said. Immediately subscribed and liked! Thank you so much for helping. I plan to try to pay to delete.

[@ShaheedahHill]

You are so welcome!

[@tashagandy7076]

Thank you for all the tips and information. Your videos are giving me so much motivation to prepare myself to buy a home.

[@ShaheedahHill]

You are so welcome!

[@josecordovez491]

I will continue to follow and learn more

[@Scorpio.Iamher.]

Your video was very helpful. Thank you!

[@ShaheedahHill]

Glad it was helpful!

[@veebee317]

I value my credit and take it seriously. An apartment complex turned me over to a collections agency and 100 points were subtracted. I yet have a 700 score and dont feel i owe the complex anything. The C. A. calls almost daily. I dont answer. What is a good recourse to take at this point? How do i dispute, if necessary? It's been a year. I've never been late paying them rent. They charged bogus incidentals after leaving, of which i am not in agreement. What do I do?

[@ShaheedahHill]

Try to dispute with your evidence to get it removed.

[@senoje]

I was sent a collection from a phone servicer that I closed out over six years ago. I paid my last bill via the phone with them and went to a new company, so I was wondering what to do to dispute the charge/claim. I thought it strange that If I owed them why would they wait over six years for a claim when my address did not change. So thank you very much for the information.

[@ShaheedahHill]

Thanks for watching

[@Sasha-ws6gv]

I have charge off on my report. Its a few years old..

[@collin669]

Great video. Yeah I got collections. Yeah I settle for much less, they paid pennies to acquire it.

[@sseraj2898]

What about medical debt I noted a collection in amount of $2500 for medical bill which is under collection it was reported on my credit in Dec 2023 and now I’m noticing my score has been lowered I’m so mad because I have every single payment and my score was good and now it is impacting me

[@ShaheedahHill]

There were a lot of changes made regarding medical debt in 2023, you may want to settle for a lower amount and all paid medical debt is removed from your credit report. Here is some more information - www.consumerfinance.gov/about-us/blog/medical-debt-anything-already-paid-or-under-500-should-no-longer-be-on-your-credit-report/

[@JackMeyHoffer562]

I personally just got a collection account removed that was about 3 or 4 years old and it only increased my credit by one point. I had paperwork that invalidated the debt and I included it in my dispute.

[@ShaheedahHill]

Thanks for sharing, yes, the older it is the less impact it is having on your score.

[@Chanel15477]

Shaheedha, they add interest in Nevada to your collectjons. I only owe 500.00 but now im at 532.00.. I tried to negotiate it but they wouldnt budge. Also Shaheedha they didn't let me know about the debt until 2 years after I I left the apartment I lived in. They said it would take 3 months to come off my report, once I paid it off. My credit is still good. They told me they couldn't negotiate with me until the debt went to 1,000. Then the guy said they would only remove 100.00 once the debt went to that 1,000 I have over 700 score, should i worry about it? Thanks Shaheedah 😊

[@ShaheedahHill]

I probably wouldn't worry about it. It may not be impacting you much. If you are trying to buy a house the lender will let you know if paying off this debt will have any impact.

[@Chanel15477]

@@ShaheedahHill thanks Shaheedah 😊🙏

[@lockvcdown4108]

Hello Ms hill. A year and a half ago I purchased a scooter through affirm for 200 dollars and got behind on payments due to school. Eventually it went to a debt collector and my credit score stopped at a 736 7 months ago. What should I do? Pay the collector? Call them? Idk what to do lol please help, I’m 20 and I’m trying to get my first apartment in December

[@ShaheedahHill]

736 is not low, you shouldn't have a problem getting an apartment. However, you should see if you can "pay for delete" and get it removed from your credit.

[@juanlong7374]

If it's 2yrs plus and you pay it off and have it removed would that increase your score?

[@belindameaney3494]

Hey I have had a creditor or collection company report the same debt twice in one year diff times a diff amounts and accnt. When the original debtor which was Telus already reported it one 3 or yrs ago. That’s 3 times one debt. That effects huge. How do I get that removed and I feel debtors should not be allowed to sell the debt and collection conpanies should not be allowed to report a debt on the bureau in my opinion. I am in Canada also I don’t know how it goes in the U.S

[@ShaheedahHill]

Dispute the debt, with evidence and keep good records.

[@crming7151]

What is your opinion on legitimate credit repair companies that your mortgage lender refers to? Score was not in good shape for a mortgage when I applied. My lender referred me to a mortgage. Credit score repair company. So far my score has went up maybe 38 points.I’m still waiting for it to get around 680 where I would qualify

[@ShaheedahHill]

If they referred them to you they likely have experience with them so they might be better than some that you find on your own. Also, mortgage companies do have credit simulators that tell you what you need to do to get your credit up on your own. They should recommend that first before you pay a credit repair company. @crming7151 Thanks for watching! Avoid Costly Mistakes by Buying My First Time Homebuyer Masterclass and Digital Confidently Closed Handbook - bit.ly/47s4pT7

[@prettyandfun7777]

Great information.....i want to know how do i go about paying a collection and making sure it is off my credit report? So a lil backstory I had o owe my nack for over drafting ( fell on tough times) the bank sent my info that I owe them to the collections agency. What should I do make sure i get this off my name and off my credit report

[@ShaheedahHill]

Get a copy of your credit reports to make sure they are removed

[@AWMN2017]

Hey Shaheedah, hope you and family are well. Thank you so much for who you are, and all you do. Question: As a new buyer (or anyone). Can you shield your mortgage information upon the Title Company transferring the mortgage to court records? Preparing to go to settlement in a few weeks. I do not want my mortgage/ownership to be visible to the public.

[@ShaheedahHill]

Great question, who owns a property is public record in every state. So what you would have to do is buy it as an LLC Or transfer into a trust. Ask the attorney or title company before you close. Thanks for watching and congrats!

[@wannellalawson4001]

My cousin was involved in an accident. Driver told her no problem. Later on they came back on her. Credit collector told her. She will have pay $150 every month. She owed them $6,000. If not her license will be taken away from her. First of all she got laid off from her job. She cannot pay her rent or other bills. Is there any way. She can get this resolved.

[@ShaheedahHill]

She probably needs an attorney to help her since it involves her license and not just her credit. Also, she should contact her auto insurance company, they would have covered this. @wannellalawson4001 Thank you for watching

[@wannellalawson4001]

@@ShaheedahHill Thank you but she got laid off from her job. She is looking but she does not have insurance or can afford a lawyer

[@sjinvestors250]

What should I do if my debt has been recently transferred to a collection agency? Should I still settle the debt, or should I request a pay-for-delete agreement to remove it from my credit report?

[@ShaheedahHill]

Try pay for delete AND settle for a lower amount. Remember they bought the debt for 10%-20% of what you actually owed.

[@sjinvestors250]

They won’t be able to delete it since the loan has just been transferred to them. It hasn’t been reported on my credit report yet. They purchased the debt from another company two weeks ago. Do you think it’s a good idea to negotiate the debt and still try to get a pay-for-delete agreement, or should I not worry about it and just pay the debt off?

[@calliopivogiatzis2235]

My husband received court papers from a debt that's over 70 years old. He had cancer,receives s.s, works 1 to 2 days a week and is paying a mortgage. If these collection try to freeze his bank account, they will have a problem with us!

[@ShaheedahHill]

There is a limit on when debts can be collected, it varies by every state. here is a god article to read regardng old debts. Many blessing and I hope for a full recovery for your husband. www.consumerfinance.gov/ask-cfpb/can-debt-collectors-collect-a-debt-thats-several-years-old-en-1423/

[@charnamosely372]

Great advice once again. Kudos

[@ShaheedahHill]

Glad it was helpful!

[@alexandriab.1398]

How does this relate to charge-off accounts on your credit? I have 2 voluntary repo charge-offs (1 is 5 yrs old and the other is 2 yrs old) and I’ve been hearing mixed reviews on whether or not I should pay them. I heard charge-offs cannot get deleted prior to statute of limitations if they’re accurate & they hurt your credit almost as bad as bankruptcy.

[@ShaheedahHill]

It really depends on if it is stopping you from getting a new credit, for example if you are trying to buy a house, they will tell you if it is necessary to pay them off to get approved. If it is not necessary you may just want to wait them out as overtime they will impact you less and less.

[@West21st]

Hello, I’m looking for the statue of limitations link?

[@ShaheedahHill]

Here are the links: www.thebalancemoney.com/state-by-state-list-of-statute-of-limitations-on-debt-960881 www.consumerfinance.gov/ask-cfpb/can-debt-collectors-collect-a-debt-thats-several-years-old-en-1423/

[@natashatate9652]

What about medical collections? How bad do they effect your credit?

[@ShaheedahHill]

They are treated differently than other collections, any collections under $500 will not show up on your credit report, paid medical debt will not be reported even if paid late and anything higher than $500 cannot be reported until after a year has passed. www.cnbc.com/select/medical-debt-credit-report/

[@lemarcuswilliams6954]

What should I do to increase my score?I recently defaulted on over 15 credit cards and are now in collections.

[@ShaheedahHill]

It will take you a while to get back on track after that but you can do it. Here is my 7 day plan: kzbin.info/www/bejne/aoK4aJpsfrhqeLM

[@KacyB1985]

Question. I had a loan that went into collections and fell of my report 7-10 years later. I thought i was done with that. Now, i have a new collector wanting money from me again after its fallen off my credit! My question is, can they do that? I was told to not make contact bc if i do, it starts all over again. But do i need to tell collections that its been 10 years and they can no longer ask me for money? Do i desput it? What do i do?

[@ShaheedahHill]

Not everyone knows that they no longer have an obligation to pay so some debt collectors will still call you to try to get something. I would send a letter and keep track of dates if they still contact you, you can also tell them your have reported them www.consumerfinance.gov/ask-cfpb/how-do-i-get-a-debt-collector-to-stop-contacting-me-en-1411/

[@KacyB1985]

@@ShaheedahHill thanks so much. Once i send letter, will they take it off my credit? Or do i need to mention that in the letter?

[@garren588]

In order for me to get a pre approval, I needed to pay off two collections and ask to have them deleted from my credit report, which they refused to do so. I was then instructed by my lender to pay the original creditor directly, and file a dispute on the collection agency, which I did. All they did was report it paid and closed with a 2 point increase. I’ve just decided to go and rent a house instead because I have been trying for 3 years now and still can’t buy a home. I feel so defeated right now.

[@ShaheedahHill]

Don't give up. Give it some time, pay all your bills on time, pay down debt and your credit will recover

[@Richieeeeeeeeeeeeeeeeeeeeeeee]

Did that ever get the collection items to be removed after the original credit issuer marked it paid and closed?

[@garren588]

@@Richieeeeeeeeeeeeeeeeeeeeeeee unfortunately they didn’t remove it and is still on my credit even after I disputed it as being paid in full

[@JoseLopez-wb9kj]

Don’t give up sooner or later the day will come, but it will have to be dropped. It won’t stay there forever, so just have faith and dream you’re on your house just believe.

[@kindree5414]

Hello, I have a question about my credit card. I got a credit card with a $300 limit and the minimum I owe is $17.91. It says: “Minimum Payment Warning: If you make only the minimum payment each period, you will pay more in interest and it will take you longer to pay off your balance. The table is based on your standard minimum payment and does not include any past due and over limit amounts. For example: If you make no additional charges using this card and each month you pay ... only the minimum payment You will pay off the balance shown on this statement in about... 1 months And you will end up paying an estimated total of ... $18.00” Do I pay $17.91, $18.00, or more than that to avoid interest? And is it best to pay by the statement date or the due date? Or do I split it into paying half by the statement date and the other half by the due date? Also, would it be best to use my credit card every month?

[@ShaheedahHill]

Pay the entire balance due before the due date and never let the balance owed go over $30 since you will get the most credit score help when your balance owed is less than 10% of your available credit. Don't over think this, pay your bills on time and pay the entire balance, you don't have to pay more than what is owed. @kindree5414 Thank you for watching

[@HittterMcGavin]

Since just paying collections wont guarantee accounts being removed from your credit report, how do you remove collections?

[@ShaheedahHill]

You would have to negotiate that with the creditor prior to pay off and make sure you get it in writing that they will take it off. It is called a "Pay for Delete". Thank you for watching.

[@Iamiincognito]

Please I have a negative balance on my paypal account. Will that affect my credit score if they sell it to a collection agency? Its below 300 dollars. I do want to pay it but i can't because of account limitations.

[@ShaheedahHill]

It will probably impact you negatively if they report to the credit reporting agencies. Check the paypal guidelines to see when they report negative balances.

[@Iamiincognito]

@ShaheedahHill I called the customer support agents, and they said it won't affect my score, I just have to clear up the negative balance after it's been referred to collection. They don't sell debts to collections but work hand in hand.

[@mirapilates]

I got a collection notice for a medical bill for only 75.00. My Kredit Karma score is still above 700. If I pay it right away, does it get reported for this amount.

[@ShaheedahHill]

Medical bills under $500 should not be reported under a new law. www.bankrate.com/personal-finance/debt/do-medical-bills-affect-your-credit/#:~:text=That%20said%2C%20medical%20debt%20under,%2C%20you're%20not%20alone.

[@mirapilates]

@@ShaheedahHill i just found out it's not a medical bill. It's from an old bank account that was reported as overdrawn

[@DeeQJohnson]

This video is what I had to see to get it my life together

[@ShaheedahHill]

Thanks for watching!

[@IceLynne]

This was very helpful. Thank you!

[@ShaheedahHill]

Thanks for watching!

[@alexmlo1]

how long should it take for you to remove disputes and collections off your credit?

[@ShaheedahHill]

Usually 30 days it the time they have to respond. @626_reaper7 Thank you for watching

[@GinBean23]

Thank you! This really helps!

[@ShaheedahHill]

You're welcome!

[@elenamontesanto9720]

Hi, Mrs. Sweep, Thank you for your videos. I have a collection that is about 5 years old, collection company is sued me and now they are increasing the amount of debt every week. Is there any way to stop it?

[@ShaheedahHill]

You always can negotiate with the collection agency, but be careful and beware of the statute of limitations in your state for how long they have to collect the debt. The debt may be about to come off of your credit report in 2 more years.

[@EJ3.16]

Thank you for this information,, but I would like to ask you something, if I get charge off, do I need to still pay for this debt to whoever buy this debt from de creditors?? Or better if I do after getting charge off do I need to do bankruptcy??

[@ShaheedahHill]

It really depends on the amount of the debt if you need to consider bankruptcy. Once the original creditor charges it off, you would need to negotiate with the collection agency.

[@EJ3.16]

@@ShaheedahHill okay thank you appreciate it for this advice, have a wonderful day…

[@brownskinbeauty.]

How can we improve our score despite a collection?

[@ShaheedahHill]

Here is my 7 day plan kzbin.info/www/bejne/aoK4aJpsfrhqeLM

[@Jarvisb_]

Love your videos. Asking for a friend…what if the credit card company sue you by serving you papers at your door steps along with the proof of debt & everything the person owe ..is it still necessary to pay off what they are asking for ? I know in some cases bank accounts can get garnished if the company have a judgment against you … educate me please

[@ShaheedahHill]

This is not legal advice - They could possibly garnish your wages if they win a judgement against you in court. They usually are not allowed to garnish is you are on a fixed income like SS, VA benefits or if the garnishment will not leave you a reasonable amount to live on. You should seek legal advice and they can see if you need to pay or if they can settle the debt for a lower amount. If you cannot afford an attorney go to legal aid in your state - www.lsc.gov/about-lsc/what-legal-aid/get-legal-help If the amount of debt you have is really large you may want to consider bankrupcy as an option as well.

[@Jarvisb_]

@@ShaheedahHill thank you so much

[@cosmeticsandpurseswithevelyn]

Then why is Capital One CREDIT WISE advice us to fix those bad unpaid collections to bring our credit score up?!

[@ShaheedahHill]

Ther are a simulator if you do pay and the collection still remains it may not help much, I would only pay if they agree in writing to delete. @cosmeticsandpurseswithevelyn Thanks for watching and sharing

[@OscarHernandez-qn6db]

What if I contacted the creditor and not the collections agency and asked for a paid to delete but they said it’ll just reflect a 0 balance on my credit ?

[@ShaheedahHill]

@OscarHernandez-qn6db Thank you for watching - they no longer have the debt they wrote it off and transfered to the collection agency. You now owe the collection agency.

[@anniewilson6737]

I received a collection letter, does that mean it will appear on my report, or if i pay it wont appear????

[@ShaheedahHill]

When it reaches collections, it usually means that the original creditor has charged it off and sold it to another company. So you could see both companies on your credit report the original creditor and the collection company. Get your credit report to see what is on there. www.annualcreditreport.com/yourRights.action

[@biancalawrence3178]

I had a credit card go into collections because of a medical issue stopped me from paying. I felt guilty about not paying the card so I paid collections.

[@DemonSlayer9166]

Will filing chapter 7 remove the collections off my record?? I need to fine for chapter 7 this year give me advices !!! 30 k in debt !!!

[@ShaheedahHill]

No the bankruptcy and the collections will likely still remain, but check with the person helping you file your chapter 7 to be sure. But is really doesn't matter as far as your credit, you score will be lower once you file.

[@armandomorales9059]

I paid a collection i had on my credit report and telling me that it be 7 years!

[@PrincessFulgado-bd4gv]

Does pay for delete raise credit? Or does it just remove it from report?

[@ShaheedahHill]

Removing a negative item from your credit score will typically raise your score unless it is really old and was not impacting your score much anyway. @PrincessFulgado-bd4gv Thank you for watching

[@PrincessFulgado-bd4gv]

@@ShaheedahHill I have one that is about 3 and a half years old and 1 that's about a year and a half

[@DBHLLC]

Awesome info. I just noticed that a agreed pay to delete is still on my credit report. It’s not affecting me getting credit but it’ did affect me in getting a high APR on a credit card. How can I get this off?

[@ShaheedahHill]

I would dispute with proof of the agreement with creditor attached to the dispute. Thanks for watching.

[@DBHLLC]

@@ShaheedahHill Thank you. I will do this and I’m glad I came across your page.

[@avissamuel8557]

What if one collection reports the debt with wrong dates then it’s removed and another collection agency contacts you via email for the same debt different date

[@ShaheedahHill]

You will have to dispute again, include your evidence of the previous errors.

[@Mrs_Canary]

I paid collections they r on there as paid n full but not derogatory.

[@maameyaansiah3154]

Great information once again 👏👏👏

[@ShaheedahHill]

Thanks again!

[@tatianadaniel3569]

Please help. I owed 400 dollars to comcast. I just paid it off yesterday (June 15, 2023) but i got a letter in the mail today (June 16, 2023; the letter was sent out on June 12, 2023) that i could either dispute it? I've paid the debt in full since the letter was sent out. What exactly should i do at this point???

[@ShaheedahHill]

You could still dispute and they could refund you? Or you can stop payment if you sent a check.

[@tatianadaniel3569]

@@ShaheedahHill Thank you so much for responding, Ms. Shaheeda! Get a refund from Comcast or the debt collection agency?

[@ShaheedahHill]

@@tatianadaniel3569 likely the collection company they are required to send that letter before moving forward with the collection. So it likely came from them.

[@tatianadaniel3569]

@@ShaheedahHill Thank you, again Ms. Shaheed for taking time out of your morning to respond. I have one more thing for you and I'll try to get out of you hair 😏🙃: Do you mind telling me if this would make a pretty good debt validation letter? "To whom it may concern, I'm responding to the letter I recieved on Friday June 16, 2023. I dispute the validity of the debt. I respectfully request that you stop collection and remove this item from your records. Please Respond to this dispute by providing the following 1). Name and address of the original creditor 2). the amount owed to the original creditor as of the date you recieved this letter 3). legal documentation stating that I am contractually obligated to pay any debt recieved by (the name of the collection agency)." Is this good enough????

[@tatianadaniel3569]

@@ShaheedahHill Oh, sorry. And should I attach a cease and desist letter to the debt validation letter? Or wait to see IF they respond at all?

[@donnahickey642]

A collection just appeared on my credit report I know it mine a loan $7000 I want to buy a house in a year should I pay it

[@ShaheedahHill]

It depends on if it will stop you from getting approved for a mortgage or getting the rate that you desire. You may want to get approved now and plan for the future. You can always negotiate, lower amount- "pay for delete". Here is a good video on how pre-approval works: kzbin.infocpewL4OlpjQ

[@Lawnbearuh]

How do I get late payments removed?

[@ShaheedahHill]

You will either need to dispute or goodwill removal if they are accurate. Please watch this video it explains - kzbin.info/www/bejne/aoK4aJpsfrhqeLM

[@doseofsuccess3522]

Would like to do pay for delete

[@blessedgirl4101]

This video has helped me a lot 🙂. I know what to do now. God bless you!

[@ShaheedahHill]

Thanks for watching!

[@baileyembry6057]

Great video. Love the action steps

[@ShaheedahHill]

Thanks for watching

[@Orixbby]

i received a notice but the amount was already paid to the original company.. does this effect my credit? i am disputing it..

[@ShaheedahHill]

Just dispute with evidence of payment and it should get removed and have no impact.

[@Orixbby]

@@ShaheedahHill thank you ☺️ i had sent my letter of dispute but i did not send proof it was paid.. i did say it was all paid and to check with the original company to confirm because i do not owe any payment and everything was paid… i hope this is enough.. i did not see your comment in time..

[@RachelleeSPrice]

Hi! I lost an income stream about 5 months ago and it caused one of my main bills reporting to credit to have 5 late payments hit and the creditor won’t work anything out far as removal or anything. How long should I wait to apply for a mortgage since I am actively paying my bills on time again?

[@ShaheedahHill]

It really depends on how badly the late payments impacted your credit. I say apply now and get a plan of action, here is a video I did on that strategy - kzbin.infocpewL4OlpjQ?feature=share

[@PD55_]

This is a big help. I keep getting daily collection calls about a 5 year-old debt less than $2K that should have been removed in bankruptcy. They refuse to admit they are wrong. I don't blame the collection agent, I know this is all automated calling by computer programs.

[@ShaheedahHill]

Thank you for sharing. I wouldn't worry about it.

[@marcusjohnson1867]

Hey love the video just became a new subscriber.. .. i had a car loan thur capital one i made my payment always on time for the 4 years of my loan payment i got locked up for 3 months when i got out i end up catching up and end up paying the car of but on my credit report it still shows the 3 months of non payments even tho i already paid the car of will i b able to get those 3 months of late payments removed even tho the car is paid off already? ?

[@ShaheedahHill]

You can try to dispute those late payment and since it is already paid off capital one may not respond. Reach out to them first to see if they will remove without you needing to dispute. Thanks for watching and welcome to the channel!

[@JessFitt]

Hello I need a little help here I purchased my home last year and I have a fixed rate now all of a sudden my mortgage payments increased because they underbid on my taxes is that a normal thing?? Please help thanks

[@ShaheedahHill]

Yes, its normal. Here is the video that I did on mortgage payments increasing. - kzbin.info/www/bejne/g4SxaWmkhd-pqrM

[@andrejackson7903]

Can i just pay the company back instead of the collection

[@ShaheedahHill]

The original creditors already charged the debt off so you are likely only able to pay the collection agency. But you can contact the original company to verify

[@lisaseibert937]

Awesome video Shaheedah! I would add that medical collections are handled differently when applying for a mortgage. 😀

[@ShaheedahHill]

You are correct, thank you

[@greglee8788]

Very helpful, thank you!

[@ShaheedahHill]

Glad it was helpful!

[@christinekeating2141]

Hello,, I lost everything almost 7 years ago due to illness and had to let everything go into collection and charge off. Will the balances still show in my report after the 7 years?

[@ShaheedahHill]

They shouldn't...here are the 7 year rules - www.chase.com/personal/credit-cards/education/basics/what-happens-to-debt-after-7-years

[@christinekeating2141]

@@ShaheedahHill how kind, thank you

[@sandyshayegray1481]

Excellent Guidance💚 Thank you💜

[@ShaheedahHill]

@sandyshayegray1481 Thank you for watching

[@pnair5120]

Hi, Good video, very instructive!!! Be Well 🖖🏾 🎉

[@ShaheedahHill]

@pnair5120 Thank you for watching

[@mikelong2856]

Hey I have a question about getting a collection removed I've noticed on my credit report that the original Creditor and the collection agency are on my report but the collection agency is the only one showing a balance owed not the original Creditor.So when removing a collection will the also remove the original Creditor or would I need to contact them both

[@ShaheedahHill]

At this point you will deal with the collection agency, since your original creditor sold it to them. Accroding to credit.com - www.credit.com/blog/original-creditor-and-collection-agency-on-credit-report-61199 Here’s the one bright spot, though: if the original creditor sold the debt to a collection agency, then according to fair credit reporting practices, it should not continue to report a balance owed. “That’s double the damage and is not permitted,” says Bovee. There will be a history of that balance, but not an active balance owed.

[@deannaw5282]

Hi and thank u for ur content! Would u please consider creating a video on how to remove credit history (from being an authorized user) off one’s report, if the owner of the card either has late fees or high utilization? Thank u

[@ShaheedahHill]

Print out your credit report, call any company where you were added as an authorized user and ask to removed. It should be as easy as that. Thanks for watching

[@SycaShow]

Just settled a 3000 debt for 1300$ Jefferson capital sucks ballzzzz

[@johntracy72]

But your taxable income went up by $1700. Forgiven debt is considered taxable by the IRS.

[@thelifeofmaryd.2494]

But under what circumstances should you not pay? I think I missed something. 😢

[@ShaheedahHill]

Only pay if you need to pay to achieve something. For example, it is required for you to pay off a debt to buy a house. Also, if it is in collections, you should never pay the full amount,settle for a lower amount and get it in writing they will remove from your credit report. Paying off debt does not necessarily improve your credit score.

[@ashleythetherapist7831]

Thank you for this! ❤❤

[@ShaheedahHill]

Thanks for watching

[@cookies4582]

Shaheeda we missed you sis glad to see you today Happy Sunday ❤❤

[@ShaheedahHill]

🤗Thank you, I'm back !

[@teddymoore9938]

Thanks for your wonderful information and ideas ! Thank you! 🙏🏾👍🏾👏🏾👏🏾

[@ShaheedahHill]

You are so welcome!

[@tbeautifulmelodies9820]

Indeed you should!!!

[@kaerre6107]

Hello, Y'all !! I just received a letter from collections, brand new, still Not showing on my credit report.. I'm wondering if it'd be wise to contact 'em asap, pay it off before they report it to the bureaus if they haven't already.. What's ur advice on that? This collection company provides receipt right from their website, which can be printed as soon as the debt it's paid off.... What would You do if You were on my flip flops?? I'd appreciate ur input.. Take care, be well !!!!

[@ShaheedahHill]

Yes, if you can take care of the debt before it is reported that would make sense. I would reach out to them and try to settle for a lower amount with an agreement in writing that they will not report it if the amount is significant.

[@vickihill1253]

Thank you for this information 💕💕💕💕💕

[@ShaheedahHill]

You are so welcome

[@MarvinColeman-f6u]

What about a car loan that is two years old

[@ShaheedahHill]

@user-gc6ul8bf6d Thank you for watching, it really depends on what you are trying to accomplish with your credit if you should pay it off, settle the debt for a lower amount or do nothing.