This post is intended for all collectors who tell people that a paid collection is better than an unpaid collection and that it will help your report. My simple analysis is that a paid collection is the same as an unpaid collection. Why? Because it is a collection, so instead of undating it to paid. Just delete it, that would be helpful to us and would truly be a help to our reports. GENESIS (Individual) FIRST-XXXXXXXXXXXXX Account Type Unknown Credit Limit (High Credit) Minimum Monthy Payment (Terms) Date Opened Not on record Date of Last Activity March, 1997 Description Consumer disputes this account information Paid collection Last Report on September, 2002 Balance Current status Past Due Amount Dispute - resolution pending Recent Payment History Seven Year Payment History 30 days late: 0 60 days late: 0 90+ days late: 0 This tradeline has a negative red arrow on equifax. We all know what that means. By the way, I have resquested validation on this collection and they actually noted it. WOW Also how can your current status be past due amount if it is a "PAID COLLECTION" Get it right or get rid of it.
