New Member
Posts: 6
Registered: ‎06-28-2012
Re: Please respond!!

The financial advisor that I was working with stated that the CO was reporting as a factoring company and they did not send the validation that we asked for, just a verification. They were adding interest to the debt and could not produce the original contract that states they could do that. They popped on my CR in Jan of this year. But have a reporting date of August 2011. The OC DOFD is Feb 2007.  The CO will not do a PFD, but I settled with them anyway.  Will my credit score go down after settling with the CO? If so, how much?