Point change when status changes from "bad debt" to "pays as agreed".

[Anonymous]

Any idea if we get any points when an acccount current as "bad debt" will change to "pay as agree"?

Thanks.

Edited to change message subject line after splitting this post off from another thread in RYC. -- sidewinder

Message Edited by sidewinder on 03-31-2009 07:28 PM

[Anonymous]

I have a paid CO on eq that they keep alternating between pays as agreed and bad debt charge off. Not sure why but about every 4 or 5 months they change it to pays as agreed for a couple weeks and then back to bad debt. Anyway I usually see a 14 point change up and down. HTH

[Anonymous]

if the account is in payments arrangement do they have to report it to the bureaus when they receive my first payment? do you know of any law that they must report to bureaus? the law says they must report accurate information, if the account in payments status should be be reporting as paying?

Thanks

[Anonymous]

I paid my CO to a CA so not sure about how the OC would have to report a payment.

Bumping for the experts