Collections do affect your credit score. A single collection can affect your credit score up to 150 points for seven years (unless removed). The higher your credit score, the bigger the drop. Unfortunately, paying off collection accounts can hurt your score even more.
Get Your Collections Removed Professionally
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (866-529-4304) or setup a consultation with them. They also happen to have incredible customer service.