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generaw24

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settlement listed as closed?
i have recently paid off a debt through a settlement. When i look at my credit report (via creditkarma.com ), the account just says closed. Now, i am not sure if this is what it is supposed to say being that I am new to this credit management stuff. I would like to know if the account showing "closed" is accurate or if it is not supposed to be there altogether since i have paid the debt off.

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Closed or delinquent accounts will stay on your credit report for 7 years.

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