Here's my question,
My sister used my identity to take out several loans and 5 credit cards over the past 3 years.

I found out last week and paid off the loans, and the creditors claim they will take it off the 7 year bad listing on my credit report.

I can't send my sister to jail. I would be hurting her childing who have no where to go. I have a 1 bedroom apartment, I can't house them in that. And now that i'm broke from paying her dept, I couldn't afford to house them.

Anyways, the creditors have been really nice to me and kinda feel sorry for me. They are aware of my situation, they have spoken to my sister as well as me.

They promise me that it won't stay on my credit report for 7 years. What kind of assurance do I need to make that happen???

THanks,
Jennifer

Anytime you are working with creditors to clean up debt or making changes to your account status, get the agreement in writting before you send the check/payoff. That payment is really your only bargaining tool and once they have the cash they have no motivation to do what they promissed. You might expect them to do as they agreed, but often it doesn't happen. Another problem is that accounts are constantly being sold from one agency to another and without proof of an agreement, you may be starting the process over from the begining. Contact them now and see if they will put it in writting before they forget.

I'm curious - did your sister also have access to your bank account??

Simply that I should expect she'd have to sign up payment details. If your bank account details, then you simply dispute the first payment once presented and contact the credit companies about the false signup.

2c.

See if you can't get your SSN changed too.