Jan
27
Will paying off bad debt that is over seven yrs old and no longer on a credit reports make it show up now?
Filed Under Credit
Enigma M asked:
I have been pre-approved for a mortgage at this point. Neither of the previously mentioned debts are on my current credit reports with the three reporting companies. Both collection agencies swear neither account will show up as current since the accounts are more than sevens yrs old. If I pay, just how much of a hit will my score take? Both debts combinded are less than a 1000.
JULIO
I have been pre-approved for a mortgage at this point. Neither of the previously mentioned debts are on my current credit reports with the three reporting companies. Both collection agencies swear neither account will show up as current since the accounts are more than sevens yrs old. If I pay, just how much of a hit will my score take? Both debts combinded are less than a 1000.
JULIO