Help! Should I just pay the bank? Much needed advice.
If your chexsystems report is a year old and you pay it now, tha
If your chexsystems report is a year old and you pay it now, that can set the date to five years from the date that it is paid. If you are going to pay for removal, make sure you get something in writing.
As far as the collectors telling you that you won't be able to get a house, dont listen to them. They will lie, lie lie and then lie some more. Yes it does hurt your credit but actually paying it will not really help your credit at this point. The damage to your credit is done. technically they could sue you for it but the odd that they will do that for such a small amount of money is next to nothing.
After 5 years, you will be removed from chexsystems. If tehy do not automatically remove you, just send a letter requesting that they do, and they will
http://www.chexsystemsvictims.net/2009/07/when-will-i-be-removed-from-chexsystems.html
Submitted by Mary Adkins Matthews on Fri, 07/24/2009 - 01:37
Thanks! I guess since it's already been a year, and if you reall
Thanks! I guess since it's already been a year, and if you really do get a clean slate after five years I really don't see the point in paying then!
Some people pay even after 5 years when they are threatened to b
Some people pay even after 5 years when they are threatened to be sue or just to get the stuff reported on their credit reports cleaned up
Submitted by Mary Adkins Matthews on Sat, 07/25/2009 - 11:58