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Debt on credit report? HELP!

Hi everyone,

i'm currently disputing a debt, which Godebt bought from Fiat Finance. On my credit report is says the account is "settled".

Does this actually mean it's settled (because godebt are currently chasing me for this debt) or is it just settled with Fiat Finance because the debt was bought?

Sorry it's a bit confusing.

Any help would be appreciated.

Thankyou

G x

Comments

  • Poosmate
    Poosmate Posts: 3,126 Forumite
    On your credit report does it state that the debt with Fiat is settled or Godebt?

    If it's settled with Fiat then the Godebt debt may not appear on your credit report immediately if Fiat have only recently passed the debt on to Godebt.

    Do you view your credit report online or have it posted? (Thinking about the timing here).

    Sorry can't answer your question.

    Poo
    One of Mike's Mob, Street Found Money £1.66, Non Sealed Pot (5p,2p,1p)£6.82? (£0 banked), Online Opinions 5/50pts, Piggy points 15, Ipsos 3930pts (£25+), Valued Opinions £12.85, MutualPoints 1786, Slicethepie £0.12, Toluna 7870pts, DFD Computer says NO!
  • davefcuk
    davefcuk Posts: 58 Forumite
    I am no expert but in my experience settled means that the company have finished with the debt.
    This can mean two things
    1, the debt has been sold on
    or
    2, the debt has been paid
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