The Surprising Truth About Old Collections on Credit: Thursday Trivia for your Sphere

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In this week's episode of Thursday Trivia, we dive into the perplexing world of credit, a topic that often defies common sense. Discover why actions you might assume would boost your credit score could, in fact, do the opposite. We tackle a true or false question that challenges a widely held belief: does paying off an old collection improve your credit score? The surprising answer is revealed, and it's not as straightforward as you might think.

Join us as we explore why it's crucial to consult a professional before making decisions that could impact your credit. Learn how seemingly simple actions might affect your ability to purchase a home in the future. This episode aims to spark engagement and discussion, encouraging you to share insights and experiences on social media. Tune in to ensure you're making informed decisions to enhance your credit health effectively.

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