Home
Public Forum
Credit Reports
Apply For Cards
Credit Directory
Credit Overview
Credit Problems
Credit News
International
Credit Glossary
Purchase Books
Credit Laws
Business Credit
Merchant Accts
   

Re: how does, "settled" affect me in the long or short run


[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]

Posted by Robert M (12.211.9.142) on December 03, 2002 at 05:54:12:

In Reply to: how does, "settled" affect me in the long or short run posted by mike on December 02, 2002 at 22:24:49:

Settled can't keep it on longer than the 7 years which started the bad remark. It is a bad entry ,though. Nothing is wrong with settling if you have to. However there are many things you should consider before doing like are you past the SOL, are you close (or at least halfway) to the 7 year dropoff? Settling a charge off is really no better than the charge off itself..save your money.


Follow Ups:



Post a Followup

Name:
E-Mail:

Subject:

Comments:

Optional Link URL:
Link Title:


[ Follow Ups ]   [ Post Followup ]   [ Credit Forum Index ]

 

    Top Of Page

  

Copyright © 1999-2002 Enkephalos Web Design