Is this True???
Date: Thu, 05/14/2009 - 10:31
Anybody know?
They can't really "recommend" the highest points. That's not ho
They can't really "recommend" the highest points. That's not how the FICO algorithm works. If you pay in full and they remove all derogatory information and change the status to "Pays as Agreed", then your FICO score will improve. If you pay the settlement amount, your FICO will still increase but not as much. Is this coming straight from Chase or a 3rd party debt collector?
I don't think so; never heard of a creditor having the ability t
I don't think so; never heard of a creditor having the ability to "recommend" higher fico points. I'm interested in what the replies will be to this thread.
I believe I am dealing with a third party and my information is
I believe I am dealing with a third party and my information is at home so I can't remember their name...I'll have to update when I'm home later. I thought it was odd so that's why I wanted to check.
Also, Nascar Devil, you've been on here quite sometime...you helped me out a lot late last summer with some debt issues. Thanks for always giving great information. :) Almost all of it has been taken care of now and after this Chase thing...we're DONE:) Finally!
Remember, CA or JDB's will LIE to you...don't believe ANYTHING..
Remember, CA or JDB's will LIE to you...don't believe ANYTHING...get EVERYTHING in writing...otherwise you have nothing to stand on...
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If it's from a third party then I would pay the settlement amoun
If it's from a third party then I would pay the settlement amount. I think it's a collection tactic. And it's the first time I've heard that one.
It's not up to the creditors how much your credit score goes up.