Hi everybody this is Mick Bernard back with another credit tip of the week. Now people call me all the time and want to talk about collections because collections open collections especially with balances can weigh down your credit score. And so here's what I say about that be careful when you're paying off a collection because when you pay off a collection it sometimes updates the date of last activity on your credit report redates that account which means it could stay on your report for seven more years and you really don't want that to happen. And so when you're negotiating to pay a collection I always encourage you to contact your collector do not just send in a check make your payment because you receive the letter in the mail because you want to convince them to remove it from your credit report. Paying a collection will not make your score go up. In fact it might make your score go down. So when you pay those off make sure you're getting the maximum bang for your buck and that is make that collection company remove it all together. If you're unable to do that where masters at that please contact us we'll be happy to assist you with those items. As always this is Mick Bernard I'll be back next week with another credit tip for you guys.