Posted on
November 27, 2009
at
2:40 am
Hi, what is partial settlement on credit file?
Posted on
November 27, 2009
at
2:42 am
Hi, what is partial settlement on credit file? I am not too sure if it is the same with "settled for less than the full balance." A debt settlement appears on the credit report as "settled","settled for less than the full balance" or "settled in full."
Posted on
November 27, 2009
at
2:45 am
Partial settlement on credit file - settled for less than the full balance -What do those imply?Would it affect my FICO score?What is better on credit? Settled or settled in full ..?
Posted on
November 27, 2009
at
2:51 am
Hi, what is partial settlement on credit file? To correct Arquivos,I think "settled" and "settled for less than the full balance" are the same - it means that the consumer settled for a lesser amount instead of paying in full.
Posted on
November 27, 2009
at
3:04 am
And settled or paid in full is better than settled for less.
Posted on
November 27, 2009
at
3:08 am
Beware of derogatory notations as well, as you would want a zero balance on your report. When you settle an account, the remaining difference should not show up as a deficiency balance. Get them to agree in writing that they will remove any and all derogatory notations on that account from all of the credit reporting agency files.
Posted on
November 27, 2009
at
3:11 am
what is partial settlement on credit file?A partial settlement is the collection agency agreeing to settle your balance (even if you only paid the partial agreed upon amount) as well as not go after the remaining balance.But they might report that as such in the credit bureaus.
Posted on
November 27, 2009
at
3:48 am
what is partial settlement on credit file?When negotiating your debt, try to make it part of the deal, the removal of the derogatory notations- if you can't do this, try enrolling in a debt settlement program. The settlement company can do this for you.
Posted on
November 27, 2009
at
3:55 am
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