SillyBilly
Registered User
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- 49
My bf has been talking to mabs and a suggestion has been made that his creditors might accept part payment of his debts instead of full payment. This seems a bit too good to be true (I've a naturally sceptical nature...) If he were to do this, would his ICB records still be clear after 5 years as they would if he paid the debt in full? What is the disadvantage in settling debts rather than paying them off in full?
Thanks!
Thanks!