Re: Does paying less than minimum prevent late payments?
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Posted by MCM bait
(66.149.179.202) on March 13, 2004 at 14:28:28:
In Reply to: Does paying less than minimum prevent late payments? posted by MI Debtor on March 13, 2004 at 14:23:05:
What do you mean by "the new account"? If your account was sold to a CA, it's still "the old account" as far as you are concerned. Now you will have two entries on your credit report: One for the old original creditor, and one for the new bad-debt purchasing CA. Paying the CA will only nail that debt to your credit report like a horseshoe.
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