Paying a collection clears the debt but usually leaves the negative mark on your credit report. The exception is a pay for delete letter, a written agreement from the collector to remove it after you pay. Get it in writing before you hand over money.
Hey, Adolfo. What happens if I pay a collection? Yeah. So whenever you pay off a collection, they update the balance to zero, but they still leave the negative mark on your credit report, which still hurts your credit scores. Unless you get a pay for delete letter, which is documentation they send you before you pay it off, saying that they'll remove it from your report after it's paid off. Good advice.
