From noncompact to compact: You must apply for licensure by endorsement in the new state of residency. Your individual state license issued by the noncompact state is not affected and will remain active if you maintain licensure and if so provided by the laws of the nonparty state.
It will remain on your credit report for seven years and 180 days after it was first reported late. Although paying the settlement is unlikely to affect your credit score, it will ensure that you are not sued. A judgment against you is an even worse blemish on your credit report than a collection.
All this advise is pretty much wrong. The credit items that are negative on your account, the tradelines, have to come off your credit report after 7 years from the start of the Original debt its for, or the LAST time you paid them. still get collection calls on an account that is probably 15 years old. You pull your credit file and there is probably 10 collection agencies in relation to 1 account. How long can they continue to pass these accounts around.