I have a letter offering to settle a debt. It say
Date: Thu, 03/10/2011 - 19:19
I have a letter offering to settle a debt. It says that once i make payment my credit report will be updated Paid In Full. But it has an asterisk and in small letters it says Your credit report will not be updated if the federal reporting period has expired. What does this mean?
Federal Reporting Period is same as Statute of Limitations. For
Federal Reporting Period is same as Statute of Limitations. For further clarifications, you can contact your lender and ask him to clear your doubts regarding the matter.
