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Settlements?

Contributor

Settlements?

One of my CA's won't agree to a Pfd and they said if I offered a settlement they will update my report as settlement in full, how does this look on my report to lenders? Are they viewed negatively?
1 REPLY
Moderator Emeritus

Re: Settlements?


2130sunshine wrote:
One of my CA's won't agree to a Pfd and they said if I offered a settlement they will update my report as settlement in full, how does this look on my report to lenders? Are they viewed negatively?


Any notation of "settled" is scored like a charge off unfortunately.