logo

Debtconsolidationcare.com - the USA consumer forum

previous history

Date: Tue, 02/16/2010 - 02:55

Submitted by anonymous
on Tue, 02/16/2010 - 02:55

Posts: 202330 Credits: [Donate]

Total Replies: 3


Will any previous history of delinquents or charge offs remain on my report once I have settled debt?


each settlement letter has a unique way of reporting it, some say PAID IN FULL < this is great if you are lucky enough that is says that, most say settled, settled paid, paid & settled, settled for less than.
fact is the debt is no longer owed and your debt to income will be better driving your score only up, when the debt is actually still owed and past due the creditors are sending negative feed back to your credit report making your score go down. once the debt is taken care off the negative reports stop. LOL but they do not send good feed back the just stop the bad.


lrhall41

Submitted by on Tue, 02/16/2010 - 14:25

( Posts: | Credits: )