The Reality of Debt Collections: Why Paying Off Old Accounts Isn’t a Quick Fix for Your Credit Score
By Barry Coleman, NFCC Published: June 14, 2026 (Updated from August 2017) Few financial events are as anxiety-inducing as receiving a notice that a debt has been moved to collections. The sudden influx of aggressive phone calls, the looming threat of legal action, and the realization that your credit score—the gatekeeper to your financial future—is…
