Common Questions

Does paying my bills restore my credit?

You would think that would be true, but the credit reporting system just doesn't work that way.

When you pay an old debt, the negative credit listing doesn't disappear. Once paid, it may appear on your credit report as a paid delinquency, charge off or collection (whatever the case may be.)

Unfortunately, if your goal is simply to repair your credit, merely paying off your debts won't get you there. You also need to work to restore your credit at the same time. Of course, paying your debts in a timely manner may prevent future problems with your credit report.



Do I need to see my...

 
   Be forewarned, sometimes settling a debt will actually lower your credit score.

When settling outstanding debts, request that your creditors stop reporting the account or mark the account as "paid in full" in exchange for payment.
i


*Important: While the testimonials and other information on this website may be exciting, Lexington Law promises only to perform the steps we've agreed to in each client's case and to charge each month only for steps already completed. As with any legal work, no outcome is promised. Your results will vary.
© 2010 Lexington Law®. All rights reserved. John C. Heath, Attorney at Law, PLLC, d/b/a Lexington Law. Lexington Law is a group of law firms that may also be referred to throughout this site as "Lexington," "Lexington Law Firm," "we," "us," or "our firm". The number of items removed represents the combined results of the group.
Terms of Use were last updated on . Privacy Policy was last updated on . Email Opt-out // 50.0.CRHVexCreditrepairPropu0
Client Login | Select Your State | Se habla Español
Call Now: 1-800-458-5202
1-800-458-5202