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ck91745
Member since: September 2011
Total Contributions: 2
Activity
(2 Total Contributions)How will a settlement listed as “not paid as agreed” affect my credit score?
According to FICO itself, debt settlement will drop your score by 45-125 points, depending on what your current score is. Here is the article that says it all: http://finance.yahoo.com/banking-budgeting/article/108239/fICO-reveals-how-common-credit-mistakes-affect-scores?mod=bb-creditreports
Response posted 8 months ago
Issues with Credit Simulator
I want to second the request for simulating bankruptcies, debt settlements, and credit charge-offs (which occur at 180 days past due). These are dire scenarios but these are dire times.
Thanks!
Response posted 8 months ago
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