Does anyone know if equifax or transunion, or any of the major reporting agencies remove collection accounts from your credit after they are paid in full? or do they just sit on your record anyway... whats the use of paying them off, if they are gonna be listed on your record for seven years?
How exactly does a removal work? (assuming it is removed) does the agency contact equifax or do you have to contact them yourself, and show proof of payment?
