2007-03-05 01:05:47 · 4 answers · asked by Liz A 2 in Business & Finance ➔ Credit
If I am understanding your question correctly, you have waited almost 10 years to make a decision to pay a bill or not. Well now that you have waited this long, you want to wait until it comes off of your credit report.
Then do the right thing, then make the arrangements with the creditor to pay it off.
Why you ask??? Well if you pay it off before it falls off, you restart the number of years before it can fall off again. Did that make since, what I am trying to say is that if you pay it off now, the creditor can renew the amount due on your credit report, and keep it on there for another 10 years.
My opinion, wait until it is written off of your credit report. You may need to call the 3 major credit reporting companies the person you owe the money to is not going to write and tell them to take it off of your credit report you will need to do that. Then remember who the creditor was and make arrangements to pay it back.
Good Luck!
2007-03-05 02:11:55 · answer #1 · answered by Army Veteran 2 · 0⤊ 0⤋
Pay it
It always better
IF u have more question
E mail me
2007-03-05 11:31:54 · answer #2 · answered by Consulting 1 · 0⤊ 0⤋
Pay it off it looks better!
2007-03-05 09:23:36 · answer #3 · answered by selena d 3 · 0⤊ 0⤋
Pay what you owe, it'll show up so pay it.
2007-03-05 09:12:28 · answer #4 · answered by wwhrd 7 · 0⤊ 0⤋