Finished making pymts...Now what?
Date: Thu, 12/08/2005 - 13:37
I just finished making payments. Had a letter faxed over saying that my debt was settled. Now what? Who do I send this to? I can't find any info on reporting a settlement.
Hi stillpaying Welcome to the forums. You have received a
Hi stillpaying
Welcome to the forums.
You have received a fax from the company saying that the account has been settled. Now, you need to see if this account in which you completed the payments has been updated with the bureaus. Contact the company and place this request to update your file with the bureaus as 'paid'.
Once your file is updated, this account will give the latest view to your other lenders and your credit scores will also change slightly. Contact the company with whom you took the settlement plan.
Regards
Roxette
