how can i clean negative account from my credit re
Date: Tue, 05/17/2011 - 16:37
i had unsecured debt 3450.two year ago i lost job and i didnt ha
i had unsecured debt 3450.two year ago i lost job and i didnt hav money to paid..my owed debt principle amount only 1500 and interest money is 1700.can i clear my credit peport if i pay only principle money
You wont. Generally when you pay a past due or for that matter,
You wont. Generally when you pay a past due or for that matter, any account, payments are appplied first to principal, then to interest. You cannot just pay the principal.
Even if you pay the entire account off in full, the creditor can legally report the negative tradeline as a paid account for the remainder of the 7 year reporting SOL>
No, you cannot. You will have to pay the full amount including p
No, you cannot. You will have to pay the full amount including principle and interest. After paying the full amount, your account status will be updated as “Paid-in-full”.
