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How To Remove A Settled In Full (SIF) Account From The Credit Bureau

In RMEx an account closed with a SIF close code, as setup on page 2 of the credit reporting system controls, will be reported to the credit bureau as paid with a special comment designating that the balance was settled. These accounts will only be removed from the credit bureau if a credit report withdrawn description code is added to the accounts.

*Note* Closed inactive accounts with a SIF close code will NOT autimatically be removed from the credit bureau unless a credit reporting withdrawn description code is added.


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