Debt Payoff And Credit Report

RandyTCI profile photo

A debt of about $1200 was recently paid off. Although this was noted on the Credit Report what should I expect now?
It was a just debt, but now how will the lender see this in the credit report? Will the debt show paid off? Will the bad mark stay on the credit report? If so, for how long?
Thanks

Comments(1)

  • KyleGatton7th April, 2004

    If it was a bad debt you should get it removed off of your credit by having the people you paid off remove it. If it wasnt bad debt and you plan on keeping it in there, it will show as paid off early as of XXX date.

    Kyle

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