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Quick question

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Learning_Tee0225
Regular Contributor

Quick question

When your credit report is being looked over for the mortgage process if i have accounts that are paid as satisfied VS Paid in Full would that make a huge diff?  I just have two last items to take care of and would rather pay half then the full amount!

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2 REPLIES 2
webhopper
Moderator Emeritus

Re: Quick question

It matters more that they are no longer liabilities and that the creditor cant force collect on them using a garnishment or asset lien. You will probably have to write a letter of explanation about these.
FICO 9:
Filed Chapter 13 on 6/1/2017 after job loss. Discharged 6/1/2022.

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Message 2 of 3
tooleman694
Valued Contributor

Re: Quick question

It is mostly all score based and guideline based.

 

If you fit both, then worst case you will have to write a letter.

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