Re: paying a CA - restart 7 yr. clock on credit report?
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Posted by Why Chat (209.240.205.61) on February 10, 2004 at 16:06:19:
In Reply to: Re: paying a CA - restart 7 yr. clock on credit report? posted by Parry on February 10, 2004 at 11:57:01:
You are correct Parry, however, once a "settlement" in writing is made with a CA, there is a NEW contract (settlement agreement) and the next CA ONLY refers to the prior CA and not the OC-- it is illegal technically, but VERY hard to prove and almost impossible to get the new entry removed without a LOT of trouble.
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