|
|
|||
|
|||
|
Hello all,
When yo usettle and the company puts settled as agreed on the report how long does it stay there and how long is it a negative mark on the credit report? I have a card that is going to be settled but they want settled as agreed and they won't budge for anything else. I am settling at 25% of what I owed. Just curious. thanks for any help, Ray W. |
|
|
||||
|
||||
|
I'm really not sure about this, but hang tight and someone will be along to answer you shortly.
__________________
CLICK HERE To join my Social group, The Payday-Loan-Free Advocates! Online Complaints Ohio Attorney General Online complaints: Federal Trade Commission. Ohio Payday Loan Laws CLICK HERE to find a Creditor |
|
|
||||
|
||||
|
All negative reporting accounts fall under the drop date per the fair credit reporting act. Seven years from date of first delinquency with a max reporting of 7.5 years in certain conditions. No account may be reaged except through a rule 5000 Fdic adjustment which would be handled only through original creditors.
__________________
Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com.../about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums. |











