I would like to know. If the original creditors decide to settled with you and sign an agreement. Can the credit companys continue to report the debt, or is that illegal or against fcra laws.
Sincerely
Someone with some bad debts!
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Bo Majors / someone with bad debts / show details / May 7
They update the account to show paid in full.
The paid contract not as agreed with bad credit stays on your credit report for 7 years unless negotiated. Really hurts your credit for 2 years.
Sunday, July 01, 2007
Settled debt still reported as bad on my report
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