HM Credit Consulting - I paid off a collection account but it is still appearing on my credit report. Why?

I paid off a collection account but it is still appearing on my credit report. Why?

Paying a collection debt doesn’t mean it automatically be removed from your credit report. What it does mean is that now it will be reported as a “Paid Collection.” For more detailed information about debt collection, debt negotiation, and how to deal with those nasty collection people who prey on unwitting consumers, visit the Credit Education Library or click here to schedule a free consultation with one of our Certified Credit Consultants.