When you enter into debt review, your credit profile is marked as “under debt review”. This mark can have a negative impact on your credit score and can make it difficult to get approved for loans or other forms of credit. Fortunately, there is a way to remove this mark from your credit profile.
When you withdraw from the debt review process, the agency that is handling your case is legally required to remove the “under debt review” mark from your credit profile within 21 business days. This means that you should see the mark removed from your credit profile within three weeks of withdrawing from the process.
If you are still under debt review and want to remove your name from the process, you will need to contact the agency that is handling your case. They will be able to provide you with information on how to withdraw from the process and what steps you need to take.
Once you have withdrawn from the process, it is important to keep an eye on your credit profile. You should check it regularly to make sure that the “under debt review” mark has been removed. If it has not been removed after 21 business days, you should contact the agency again to ensure that they have processed your request.
Removing your name from debt review can be a lengthy process, but it is important if you want to improve your credit score and get access to more financial opportunities. By following the steps outlined above, you can ensure that your name is removed from debt review quickly and efficiently.