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Settlement

housecleaning
New Member

Re: Settlement

Yea, NCO is bad..make sure you get everything in writing.. Thankfully I was lucky enough to get someone new...I dealt with Premier Bankcard.  They were not going to change the status as settled, b/c they stated they didnt agree to a settlement.   I kept the letter from NCO stating they (PRemier) would accept less for a settlement.  ALSO becare how things are worded..NCO didnt put settlement "IN FULL" and premier wasnt going to accept it as settlement in FULL.. I threw out the fraud and misleading card.. Then what do you know....Premier changed the balance to zero.   So becareful on wording of letters

Message 11 of 12
guiness56
Epic Contributor

Re: Settlement


@laryn41 wrote:
Will a settlement look bad on you report.  Or should you pay in full. Will a settlement raise your Credit Score?

Yes, a settlement looks bad and no, it will not raise your score. 

Message 12 of 12
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