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What happens to credit score after On record til Date has passed?
By CreditWiz | January 20, 2009
Stefanie P questioned:
If I look at my credit report and it says this is on record til 8/2009 and I don’t pay it, what happens to it? Can the collection agency still hound me for the money or is it gone and my credit score go up?
If I look at my credit report and it says this is on record til 8/2009 and I don’t pay it, what happens to it? Can the collection agency still hound me for the money or is it gone and my credit score go up?
Topics: Credit Reports |
January 23rd, 2009 at 5:18 am
It’s deleted off your report. Creditors can not hound you down after that date. But they will still try to place that on your report after that date though, when that happens you disputed it with the credit bureau and they will deleted it. But your score do improve after that debt is deleted…