BIRMINGHAM, U.K., April 26, 2016 â Ford today revealed the first new Ford EcoBlue advanced diesel engine that will offer optimised fuel efficiency and reduced CO2 and NOX emissions* for customers, using sophisticated technologies and innovative design.
When your debt is sent to collections you will also see a new record appear on your credit report. This collection record will remain on your credit report for 7 years from the last 180-day late payment on the original account, whether or not you pay the debt back. In the event that your original account is also on your credit report, both account records will remain on your report for 7 years. This is also true if a new record appears when your debt is sold to a new collection agency.
Depending on the size and type of debt, the collection agency may require full payment of the debt, agree to take a portion of the debt or allow you to make payments to settle your charged off account, according to Bankrate. How Long Does a Charge-Off Stay on My Credit Report if I Don't Pay? A charge-off remains on your credit report for seven years. The seven years does not begin when you pay the debt in full; it begins when the account was charged off.