I have been offered a lower amount to pay back back but I don't what that to mar my credit.
2007-06-04 07:41:25 · 4 answers · asked by ravyou 1 in Business & Finance ➔ Credit
If you pay the loan in full, in addition to the credit issues, you will also be doing the ethical thing. After all, you promised to pay the money back when you took the loan.
2007-06-04 08:44:21 · answer #1 · answered by enoriverbend 6 · 0⤊ 0⤋
If you havnt paid it in years it cant heurt you any more than it already has. Pay it back, it is the right thing to do. At least it will show as "settled in full" instead of "outstanding collection"
2007-06-04 17:24:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
See if they will give you in writing a promise to remove it from your report, if not it will show as satisfied, but will remain on your report for 7 years
2007-06-04 15:57:40 · answer #3 · answered by Pengy 7 · 0⤊ 0⤋
pay if off, it wont hurt your score that much..
2007-06-04 14:44:07 · answer #4 · answered by shorty21 5 · 0⤊ 0⤋