How much worse is it for my FICO/CR to have a "paid as agreed" (but not "paid in full") for $45k of student loans? I am trying to decide whether to take a settlement from the CA but I'll just pay the whole thing if I have to, in order to avoid problems with my credit. Any advice is appreciated!
1* I am trying to decide whether to take a settlement from the CA . 2 *I'll just pay the whole thing if I have to, in order to avoid problems with my credit. 3*Any advice is appreciated! soupcan | ********************** 1*If the Ca has not proved the debt you are jumping the gun even thinking about settling.Jumping the gun is a good way to shoot yourself in the foot. What makes you think that just by paying the debt it will clear your report????? 2**I'll just pay the whole thing if I have to is a good way to create problems with your credit and lock yourself into 7 years of credit hell. 3*Lot of good advice here. *****NEW MEMBER MUST READS***** 12-25-3 What is Validation http://consumers.creditnet.com/stra....php?s=&threadid=42188&highlight= validation *** Victims of Credit Reporting *** http://members.aol.com/victcrdrpt/Score.html Rule of 72 http://consumers.creditnet.com/stra...=&threadid=39313&highlight=rule+AND+of+AND+72 Must SEE--------------------------- http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=350770#post350770 http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=314910#post314910 http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=352826#post352826 """""""""""""""""""""""""""""""""" FixYourOwnCredit! http://consumers.creditnet.com/stra...848&highlight=fix+AND+your+AND+own+AND+credit """"""""""""""""""""""""""""""""""""""""""" '''''''''' `````````` '''''''''' Sample letters http://consumers.creditnet.com/straighttalk/board/index.php?s=WhyChats statute of limitations http://community-2.webtv.net/Y-chat...ity-2.webtv.net/Y-chat/WhyChatsCredit/statute of limitations http://www.edebtnetwork.com/content/collection_laws.asp""""```--~~~~~~~~~--```'""''' THE END ** *** ** LB 59""""```--~~~~~~~~~--```'""'''