No, it should show something like, ‘settled in full’ or ‘paid as agreed’ in your report. How long has it been that you have settled the account? Normally it takes more than 3 months to update the credit report. I would suggest you to wait for that time and then if you find it appearing in your report, write a dispute letter to the bureau. Also do not forget to call the creditor and ask about the listing.
Isharp,
No, it should show something like, ‘settled in full’ or ‘paid as agreed’ in your report. How long has it been that you have settled the account? Normally it takes more than 3 months to update the credit report. I would suggest you to wait for that time and then if you find it appearing in your report, write a dispute letter to the bureau. Also do not forget to call the creditor and ask about the listing.
a paid collection account is still a collection account
qhnIlramkrIAo
poCiGk I really enjoy the article post.Really thank you!