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MoneyGuy · 02-12-2007, 08:43 AM

Actually, if Impark sends this to a collection agency, it will appear on your credit record. It will show up as an unpaid debt, which could bring your score down as much as 100 points, in which case you won't get a loan from any bank until it's paid.

Moneyguy
Certified Financial Planner

02-12-2007, 08:43 AM	#21
MoneyGuy Franchise Player Join Date: May 2006 Exp:	Actually, if Impark sends this to a collection agency, it will appear on your credit record. It will show up as an unpaid debt, which could bring your score down as much as 100 points, in which case you won't get a loan from any bank until it's paid. Moneyguy Certified Financial Planner Last edited by MoneyGuy; 02-12-2007 at 10:16 AM.