 Can I pay to clear defaults on my credit rating? |
Instead of waiting 6/7 yrs can u pay to have the defaults removed?
I know it used to happen!
Additional Details
Please let me stress that I know people who have done it in the past.<... |
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 Is it true that Credit Debt will wipe itself out in 7 years? Or Should a person pay the debt to clean credit? |
I am 26 years old, and I have credit debt from the age of 19 years old, I paid a few of them off, but there is another $2,000 -$5,000 sitting on my report. What is the best course of action?
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 Pay in full and receive credit or settle and cease credit relationship? |
Account is in charge-off and reported to bureaus as so. Amex is giving me 2 options.
1. Pay in full($2180) and recieve a card with them to help reestablish credit.
2. Pay 60%(~$1200... |
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 Where can i get a loan? |
| i just got married in march an i was wondering where i could get a loan 4 house an land i dont have any credit an i heard that wen u dont have credit it like having bad credit should i go to my bank ... |
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 My debt is outrageous..I am homeless and carless, how can I get help? |
I don't have the money to file bankruptcy and who can I write to absolve me of my student loans? I never had a credit card...these are mostly medical bills getting ready to garnish me
A... |
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 Cash advance online? |
| Are they a good deal or should I stay away from them need money quick. I have a job and can pay it back just can't come up with the amount I need asap. Anyone know if I should and can ... |
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 American express card? |
| My dad added me to the additional card list. I called customer service and they said that i will not build credit because my dad is the person liable for the charges. But, she said that i will ... |
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 Can anyone please tell me what stores like walmart,target,bestbuy,et... have their own instore credit cards?? |
| i need to know what stores have their own credit cards and that report the credit history to the credit bureau..i dont have any credit cause i jsut turned 18 and i read that this is one of the ways ... |
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 Grace period/late on car payment? |
| I have been sorta late on my car payments for the last couple of months, they just keep hitting me up with late fees, which is fine, I completely understand that. What I am wondering is, if I keep ... |
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 Does someone know what exactly happen when u dont pay your credit card? |
| I know this is bad but my financial situation at the moment is really bad, im unable to pay my credit card and someone told me to stop paying my credit card at all and move house.... |
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 MASSIVE CREDIT CARD DEBT? |
| I need some advice on which credit counseling agencies are the best and the most legite. I am ready to take action on getting credit counseling and getting help with my spending addiction! I live ... |
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 What if a collectors says see you in court? |
| hello i had a credit card charged off 4 years ago i did not have any means of paying it. the company said we are just charging it off. i get a call from a collector friday telling me i have to pay 2... |
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 Do unpaid medical bills affect your credit? |
| Do unpaid medical bills affect you credit or credit rating.... Do they show up when you want to apply for mortgage, loans, etc...... |
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 Plz help! my dad died and now the pension service want me to pay them money.? |
| on the 28/06/07 my dad died. he was a pensioner and so he recieved pension payments. following his death we closed his account and all the money went towards his astounding loan payments. however ... |
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 What percent of my paycheck can i spend on myself? |
And put into savings.. What is the right amount so that i can get a treat once in a while because i am use to spending money on bills but i really wanna spend on myself sometimes.
Additional D... |
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 How can I get a loan to fix my credit? |
| I am trying to get a loan (between $7,500-$10,000) to pay off some debt and clean my credit. I am looking for a LEGIT company and I have already tried Prosper but to my surprise, my credit score isnt ... |
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jeanneofthebottle | How long does a chapter 7 bankruptcy stay on your credit report? |
I filed for bankruptcy at the end of 2001 and it was charged off in 2002. I thought that bankrupycies last on your credit for 7 years and now I've heard 10. Does anyone know the true answer and how I go about verifying that? |
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babeebluez73
 |
10 years for a Chapter 7 bankruptcy
a chapter 13 bankruptcy stays for 7 years. it's shorter because you are actually repaying your debt rathering than eliminating it all together.
http://wiki.answers.com/Q/How_long_does_a_bankruptcy_stay_on_your_credit_report |
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Pearlinpc
 |
10 years |
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scotty
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It is 10 years.......I filed my bankruptcy in Aug/1996 it was discharged in Dec/1996...It took 10 years to come off of my Credit profiles which was last year in Aug/2006. I know it is a long time. But when it does Rejoice and Bless the Lord that is gone.....Good Luck.. |
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Danielle
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10 years. It is 7 years before you can declare bankruptcy again (which I think may have actuallly just gone up to 8). |
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Mrs J
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its at least 7 years and can be up to 10. It probably goes by the state your in.
I filed bankrupcty. It was a LOONG 10 yrs too. BUT! Amamzing enough, I have better credit now than I did then. Go figure! |
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Becky
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it is 7 - 10 years but if you stay outta trouble after 3, and show effort to build good credit it is almost discharged, there is a term for it but I can't remember, I hope that helps |
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Luv2Snowbrd
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I believe 7 years. |
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wishbone13569
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10 years in canada,.so i heard,.
good luck,., |
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Aims
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Anyone who answered 7yrs is wrong. A record of bankruptcy (chapter 7) stays on the individual's credit report for 10 years. This may make credit less available and/or terms less favorable, although high debt can have the same effect. |
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heybulldog
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chapter 7 is for 10yrs
chapter13 is for 7yrs
but, loan applications and many job applications ask if you have ever filed for bankruptcy. Ever. if you lie to get a loan because your bankruptcy is very old, technically you have committed criminal fraud |
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toosexxy
 |
It is 7 years. Go to a non-profit credit counselling agency in your area and they would verify it for you. Good luck. |
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OC1999
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The Bankruptcy will stay on your record for 10 years from the date of Dischage. So it will remain on your report until 2012. However, if you keep everything in good standing and a good payment history, it has less and less effect on your credit report.
Now your Credit Cards and debts that were included will drop off after 7 years from the last action date. This last action is generally the date of your bankruptcy but could vary based on when you stopped paying them. So in reality you could have 3 years where you just have the bankruptcy listed but no other negative information. |
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*G*
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It can be 7-10 years.... For us I noticed when we filed for chapt 13 in dec'99 it was discharged '03 and it was gone in '06 so for us it was 7 years.. So possibly it will only be on your report for one more year,,,I dont know if chapt 13 & 7 are treated differently |
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