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NEVER EVER PAY COLLECTIONS!

Didn’t watch the video but yea, once it gets sent to collections the creditor has already written that debt off, and reported it to the credit bureaus. Nothing to gain from paying the collection agency.
 
I thought if u pay off a collection u can ask the debtors to drop it from your credit report and get it taken off. Bc what if u can pay it in 6 mos to a year vs letting it drag ur score for 7 yrs?
 



These are some informative videos about debt collection.


Yo, I discovered dudes videos a couple weeks ago. Haven't watched them all, though. Popped up in my recommendations after checking out some Jay Morrison stuff.
 
Yo, I discovered dudes videos a couple weeks ago. Haven't watched them all, though. Popped up in my recommendations after checking out some Jay Morrison stuff.

I watched that Jay Morrison stuff here and there when it comes across my Youtube videos but he comes across as shady. I will definitely check out the video in the original post
 
I learned this during my bankruptcy

financial literacy is vital, yet soooo many people have no clue

I didnt
 
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