 Having problems with debt collector for an 8 yr old account they will not provide info other than amount i owe |
| Today i got a letter through the post from a debt collection agency. When i phond them i was greeted by an unhelpful agent who would not provide me with much info. The debtor was noted as singlepoint ... |
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 Am I reponsible for Mom's debt when she dies? |
My Mom has a couple credit cards and is about 12,000 in debt. Although I am not a joint owner of the card they have had me as an authorized user for years and in fact have issued me
a card in my ... |
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| Theres a checkcashing place my son cashed a check at, the people who sent him the check put stop payment on it |
and now ace express tells him he owes them 285.00$ what can they do as far as going to jail, or sending him to a collection agency
Additional Details
they check was a personal check from ... |
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 I have one shoddy credit card (26% apr? lol) that I only have in order to build credit. Will...? |
| they eventually give me more credit after so many months of paying on time and not really using the card anyway? Or can I request more credit at some point? I've only had the card for a few ... |
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 How would you be affected if your credit limts were reduced? |
| According to the article linked to below, one analyst thinks that the credit industry is poised to reduce the liquidity of the American consumer by 2 trillion dollars through credit line reductions. ... |
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 How to Build your credit with new Social Security Number ? |
Does the the Cellphone Bills, Credit card, Internet bills help in Building credit ?
What is the best way to Build an Excellent credit.
what to avoid .
Additional Details
I do ... |
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 Is a credit score of 717 considered a good score? |
Good enough to get a auto loan or possibly a home loan?
I have only had credit cards for almost 2 years.... |
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 I am 18 and i want to apply for a credit card? |
Where do i start? Which credit card is best for me?
Does it mean that now I do not have credit history?... |
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 Credit cards? |
| We have a credit card and have had it for over 5 years now. We got our bill this month our payment went up to 183 dollars. The next day we got a letter from the credit card company saying that they ... |
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 Which credit card you perfer? |
| I just turned 18 and I want to apply for a credit card but there are a lot. Which is the best credit card i should get? ex. american express because it has a good rebate percentage? or visa. etc.... |
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 How long do you hang on to old bank statements ? |
| When do you think it is safe to throw away old statements and receipts extra. How far back can the tax man go?... |
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 Do cell phone bills affect your credit score? |
| I dont think it does but my fiance` thinks it does...... |
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 What does the word derogatory mean on a credit report and how does it effect a FICO score? |
i noticed that my fico score went down
Additional Details
it is an account that i am paying off in a settlement for $50 a week. I send letters with every payment dated and signed asking ... |
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 I Need A Credit Card???? |
| I've been trying to build credit without a credit card but have finally given in seeing how everything I want to get needs a co-signer which I don't have or CREDIT which I also don't ... |
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Joe Schmoe | After I pay my debts, how long does it take for my credit to rise substantially? |
I will pay off all of my debts in 6 months. Will my credit go up immediately after they're off of the books? |
 |
 
Gene
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Banks, etc...send reports once a month to the big three credit reporting agencies. If you have multiple cards, pay them off so that you are under 50% of the max credit amount allowed first, then work on paying off the one with the highest credit, make ALL payments on time, do not apply for other cards or loans-everytime you do, your credit score goes down, get rid of all cards when paid down, except maybe one-and don't have too high of a max credit limit, deposit money into a savings account so they can see you do have some, go to bank and take out a 90 day "note" of a few hundred dollars and then make those payments. Your credit score should then go up to or near 600. It doesn't take as long as what people say. Collection reports do stay on for 7 years, but that doesn't mean much in my experience. My credit has been up and down a few times and it always bounced back within a year or two. |
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websterjdjr
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the key is to pay bills on time.paying off your bills is nice but what they look for is stability and ability to pay each month on time. If you pay each month on time and are not loaded down with debt.they go by what your yearly income is vs your debt and what your new loan would be in conjunction to that. they want to be comfortable in knowing your abilty to pay is there. you know if you need a loan you cant get one but if you are filthy rich and dont need a loan then they will loan you the money. Its crazy aint it? |
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johnnyinsnj
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It could take months up to a couple years. There is no set calculation that says how many points it will change over a certain amount of time. |
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Bob N
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With all other things being equal, as you pay off your debts, your credit will change to some extent on at least a monthly basis. |
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iceman
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Depends on what we are talking about here. If you are talking about paying off old debts that have gone into collection, the answer is that it will go up a little, but the collection notice stays on your report for 7 years. If you are talking about paying off current debt , then it could go either way.
Just having debt doesnt make your credit score worse. Its how you mange the debt that makes your score what it is. Paying off a credit card that is maxxed out ussualy helps your score though. |
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beauty s
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it takes up to 6 months to see your score go up.. |
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Daves
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You should use "Credit Solutions" to settle your debt.They managed to reduce my debt up to 58% and improve my credit score.Legitimate as I came accross this company on NBC News Special Edition:
http://www.tkqlhce.com/click-1813149-10467845 |
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dad
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I think it's three months. |
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newmom101
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I BELIEVE IT TAKES 3 MONTHS |
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