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Are paid-up policies worth the change?

Updated: 8/16/2019
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18y ago

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It depends. Think about this. Outstanding debts on your credit report last 7 years, after which they are deleted. But, if you pay on something that is 6 years old, it goes back to the top of the heap to negatively affect your score! So, think about where the debt is, before you pay. If at all possible, withhold payment from collection agencys until you get them to agree to take you off your credit report in exchange for payment. I cannot stess that enough. You hold the cards.

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18y ago
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Q: Are paid-up policies worth the change?
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