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Arrangement to pay VS default


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Hi

 

I was wondering if an arrangement to pay is seen as a less of office than a default when the credit score is calculated?

 

Reason I ask, is that some of my payment plans have repaymenets to pay, and some end in a default, and wanted to know if its worth trying to get them to replace replace defaults with repayments to pay?

 

Thanks

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good luck! i'm afraid that if the creditor isn't satisfied with your payment level under the ap then they are entitled to default. believe it or not, you may suffer less with the defaults depending on how long it will take you to pay off the accounts.

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