Partial Settlement and credit file

Rynks

Junior Member

Joined: Aug 2016

Posts: 1
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Partial Settlement and credit file

12th August 2016, 10:42:AM

Hi,

A friend has received a partial settlement letter for a default loan as a full and final settlement. They have stated that his credit file will be marked as Partially settled. What are the implications of this for the future in terms of mortgages etc.

Is there anyway of arguing for them to mark it as fully settled?

Thanks

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Partial Settlement and credit file

Partial Settlement and credit file

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