Beneficial Settlement

Discussion in 'Credit Talk' started by mrmagoo, Aug 15, 2007.

  1. mrmagoo

    mrmagoo Well-Known Member

    I had a defaulted tradeline with them for $8500. With all the fees, etc. it ran up to like $14K. They offered to settle for 25% which I took them up on. How can I be sure they report it properly?
    Thanks.
     
  2. bizwiz41

    bizwiz41 Well-Known Member

    Get all the details in writing before paying the settlement. Request language included as to how the account/TL will be reported.
     

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