 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Still shows charge off and balance owedon Credit Report for repo even after settling?
Will it still show as a charge off on your credit score even if you did settle with the car company through a collections agency. In 2008 my ex-husbands car was repossessed. I was the co-signer so they came after me. After the car was auctioned off we still owed 13,215. The car company was willing to settle for 3,500.00. We paid that amount. Now on my credit history it still shows this account as owning 9,715 and a charge off? Is this wrong? Shouldn't it show something like 'settle for less then owed', with a 0 balance?
|
||||
Check out some similar questions!
I was recently served a summons for a CC debt and am preparing a response. The summons lists my outstanding balance as $0.00 on all pages including the ones stamped by the court. The only amount listed is the court fees of $105. It basically says $0 on each page on the amount being entered. ...
Hello we had our car repposesed in dec of 05. We are now trying to rebuild our credit and want to settle the debt. They say we owe 11,500.00. I am sure a lot of it is interest and such. Does anyone have any experience dealing with gmac. It went to a collection company who never contacted us and now...
Hello, I searched before I posted sorry if this kind of situation was posted before Can a debt collector change the balance owed on a debt. I stupidly made a $1,000 payment without checking my credit report and was told over the phone along with a letter over the mail that I owed $2,127, we...
Although I am sober now and have been for a couple of years, in 1997 I began a rapid decline into addiction. By September of that year, I had stopped making payments on any of my credit cards. I just got my free annual credit report (Equifax) and found that most of my accounts are now resolved;...
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
