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Default debts and settlement offers
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rmheag
Posts: 1 Newbie
I have been offered a settlement figure for a couple of debt I have which have gone into default. I know these will not improve your credit score as much as when you clear the debt in full. Can someone advise how much of a difference a settlement will make to my credit score. Many thanks.
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Comments
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This is a non-answer. I can't. Because your credit score is just a made-up number for marketing purposes.
If you've got defaults that will have an effect on what products you can access because it is on your history, and stays there for 6 years
If f you have been offered a settlement figure, bear in mind that this is an 'opening offer' ad they will be open to negotiation.0
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