Thank you for contacting our JA team for guidance.
Sometimes there is a lag between the time you enter the settlement and when the credit card writes off the balance of the debt.
Under federal law, the credit reporting agencies are required to remove the false information if you contest it in writing and they cannot prove that it is legitimate. You should write a letter to the agencies explaining the error in reporting and attach the letter you received from rab inc saying that the $8,000 was accepted as payment in full.
The agencies will have 90 days to remove it.
Please let me know if you need additional information.
Best regards,
TK
Lawyer.
licensed attorney for 12 years including employment, business, contract, domestic, and general civil