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Paying off debts in f&f: What to be aware of
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TheDebtinator wrote: »Satisfied tends to mean not paid in full. Settled means paid in full.
A defaulted account can only be satisfied never settled0 -
The account in question was never defaulted. Maybe it should have been, but they chose to stick AR markers on it for 2 years (probably hoping it trashes my record for longer than a default).
So, if its an arrangement to pay, it should be marked as settled, not satisfied?0 -
The account in question was never defaulted. Maybe it should have been, but they chose to stick AR markers on it for 2 years (probably hoping it trashes my record for longer than a default).
So, if its an arrangement to pay, it should be marked as settled, not satisfied?
I imagine if the account was closed, the stopped interest etc and you came to an arrangement it would be the same,
AFAIK settled is only if an account is settled on original terms that said it makes no difference if its settled or satisfied anyway0
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