debt reduction
Date: Wed, 05/11/2011 - 18:53
Question. Are you considered to be making late payments between the time you make the settlement with the creditor and the time you pay the settlement? If so, do those count against your credit score?
Generally in order to get a settlement, you have to be at least
Generally in order to get a settlement, you have to be at least 90 days if not more past due. So yes, those would definately count against your credit score.
Usually, when you go for making settlement with the creditor you
Usually, when you go for making settlement with the creditor you are already late on your payments. This always makes a negative impact against your credit score.
