This is probably a silly question but..... I have a medical collection account that says..."this account is scheduled to continue on record until Mar 2012". My balance is $336 My question is...will this actually fall off in March 2012 even thou I still owe money? Will it still affect my FICO score once off? Or should I just pay it off with a letter asking to remove it once paid in full? Thanks! ~BellaMia~
Yes, it could fall off even though you still owe money. And no, once it's off your credit reports it will no longer affect your FICO score. If you can convince the OC/CA to remove it altogether in return for payment, that's even better IMO.
