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Account showing as settled?

oscarrmoore
Posts: 1 Newbie
Hi Guys just wondering if someone could shine some light on this.
Basically I've checked my credit report and there's a few accounts that had defaulted showing as closed and settled even though to my knowledge there was an outstanding balance.
What does this generally mean? Has it actually been closed and settled?
Thanks!
O
Basically I've checked my credit report and there's a few accounts that had defaulted showing as closed and settled even though to my knowledge there was an outstanding balance.
What does this generally mean? Has it actually been closed and settled?
Thanks!
O
0
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