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#1
07-02-2009, 03:23 PM
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Pay off debt
If I set up arrangement to pay off my debt, will this debt be taken off the negative colum on my credit report?
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#2
07-03-2009, 04:52 AM
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Even if you pay off the debt, it will reflect as negative in your credit report but the status of the listing will change to "paid in full" after you pay it off. However, if you can negotiate with your creditor for pay for deletion agreement and get it in writing, the negative listing will get removed from your report after your payment.
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Regards Carol
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