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If you settle a debt with a creditor, will show up?

Date: Tue, 10/02/2007 - 19:10

Submitted by anonymous
on Tue, 10/02/2007 - 19:10

Posts: 202330 Credits: [Donate]

Total Replies: 2


allied interstate offered me to pay a lower amount to take care of a debt, but they told me that it would show up on my credit report. However, they told me if I pay the full amount originally owed then it would not show up. Is this true?


I don't know if it is true or not. But I would not pay anything until you get an agreement in writing. I am assuming that allied interstate is a collection agency, is that correct? Who is the debt to? Is there a chance that you could work with the original creditor? You might consider that if at all possible. Others will be along to give you their advice.

ladybug


lrhall41

Submitted by ladybug on Tue, 10/02/2007 - 19:16

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