Anonymous Posted August 1, 2002 Report Share Posted August 1, 2002 Hi all, I am finally getting money to pay off some old debts and I contacted one of my creditors (FLEET) and talked to them about my credit report entry....they said that it is being updated to "sold, zero balance" and the lady couldn't tell me what this means or how creditors view this. I then called the collection agency (FIRST SELECT) and made a settlement with them for less than 1/2 the total.....they are sending me a "zero balance letter" to send to the CRA's to fix my account standing. Is this zero balance thing good, bad or just neutral? Thanks, Rob Link to comment Share on other sites More sharing options...
admin Posted August 1, 2002 Report Share Posted August 1, 2002 I think I answered this in your other thread. Link to comment Share on other sites More sharing options...
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