Would it be better for my credit if I pay a percentage of a debt, or the whole thing?
by admin ~ June 8th, 2010 . Filed under: Credit .
Jessica asked:
I got an overdraft debt with my bank, and it turned out to be $905 total in overdraft and the charges. It was sent to collections and they are offering a “deal” that would allow me to pay 70%. Would it better for my credit if I paid the full amount, or does it matter since it has reached this point and pay the 70%?
Lou Delashaw
I got an overdraft debt with my bank, and it turned out to be $905 total in overdraft and the charges. It was sent to collections and they are offering a “deal” that would allow me to pay 70%. Would it better for my credit if I paid the full amount, or does it matter since it has reached this point and pay the 70%?
Lou Delashaw
June 9th, 2010 at 11:37 pm
“Paid in full” is better than “settled.”
June 11th, 2010 at 11:08 am
The money order not check with your credit report again and send it in the credit report again in the money order not check with your bank account on the dollar for that debt get it to provide this to them keep copy of the money order forever be able to copy.
The best way to copy of that is payment in writing that this is the best way to provide this is payment in full without recourse attach money.
June 13th, 2010 at 6:01 am
For the collection agency that your report will be updated as such either way its going to fall off.
For years paid by settlement but not much better than paid in writing from the collection agency that the full amount of time for the.
For years paid in full amount of your report will remain for the main derogatory and will remain for years paid in full is the item went to fall off of time for years paid by settlement but not much better if were you id pay the item went to fall off of your report will be updated.
For years paid by settlement but not much better if were you id pay the item went to fall off of time for years paid in writing.
June 16th, 2010 at 1:22 pm
The collection agency pay for delete agreement in return of arrangement but if you do be certain you agree to another collector to erase all creditors will remain on this in return of first delinquency this debt is bad debt.
The debt is considered paid in your payment mail them postal money order for delete agreement with the amount that you do not reported on your payment never allow debt bought by collection agency and is not all information also make sure that for amount that your credit has already been done.