Re: Lump Sum Settlement - Effect on Credit Rating

Posted by scott (65.25.99.145) on April 11, 2003 at 16:28:18:

In Reply to: Lump Sum Settlement - Effect on Credit Rating posted by Last Dime on April 11, 2003 at 16:22:23:

IT will kill your credit. Go for deletion. They failed to mention the tax forms if the unpaid debt is over $600 or the fact that they will sell the remaing part to another CA who will them place it on your credit report and it all starts over again.

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