Does the settlement erase the credit history? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Does the settlement erase the credit history?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Settlement does not erase history; the report retains historical information in accordance with disclosure rules.

Request a report after execution and verify the status and balance.

Do not assume that settlement means the record disappears immediately.

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