 How is American Express different from Visa or Mastercard? |
| I'm considering switching from Visa to American Express, because they are offering me a much better APR. I'm wondering if it's worth the switch. I'm slightly confused on the ... |
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 I gots a question to axe .. why come I losin my house? |
honey .. tell your momma I needs to move in wit her. Da bank comin to kicks me outta my house. I gots so many bills, who gonna pay my automobills ! I mean SHOEZ
I be goin to walmark to ... |
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 HELP ME PLEASE ? Its Urgent? |
| I have a credit card dispute with icici bank india .On the same hand i also have a saving account with icici bank. the bank has withdraw money from my account without taking any authorization from me ... |
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 Car reposessed today after just recieving notice of delinquency yesterday. How do I get the car back? |
| My fiance' works offshore on an oil platform, usually if he cannot make thepayment over the phone, he will call and I will do it. However, he has been out for over two months, and just returned ... |
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 I have many credit cards that are in a collection agency, should i pay them monthly or pay all at once? |
| Im trying to raise my credit score, so is it better to pay off all at once or should I pay monthly payments?... |
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 What's the best credit card to get? |
Please don't tell me "None" for an answer. What's the best card that give you the best rewards and easy to pay off online? Where did you get it?
Additional Details
ok ... |
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 Please help fast? |
| well here i go me and my husband bought a new tv but on intrest free for 40 months well the guy said they dont have any in stock.ok well when i asked he said in a week....week went by then i called ... |
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 Statute of Limitations / Collection Agency? |
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 Credit cards with bad credit? |
Does anybody have any experience of bad credit and being able to obtain a credit card, if so which one accepted you?
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 Personal loan? |
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 What is the best way to resolve credit card debt? |
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| My 25 yr. old son, asked my 23 yr. old daughter, to CO-SIGN on a new car loan. While at the car dealer, daughter Lauren states SEVERAL times, she does NOT want to be on any paperwork OTHER than the ... |
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| Can almost using all your credit line hurt your credit score? |
| I had to my credit card to pay for denist appoinments and tuition. My credit card was always at $0-$200 and now its almost at its max. Is my credit score doomed because my credit card is so close to ... |
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 My credit card company just called, asked me about a potentially unauthorized charge to my account? |
US Bank.
I verified that it was unauthorized.
Question: do banks call proactively like that?
This is a first for me. Plus, I checked the internet account, and the ... |
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autumn nights | How long does a late payment stay on your credit report? |
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 |
 
macki4
 |
they renew records every 7 years. |
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Johnsmatrix
|
Probably 7 years but you can allways dispute with the Credit reporting agencies as "paid on time". They corrected all my lates and made them "pays as agreed" |
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dkwkbmn
|
If it's your first time, it may not even get reported to the credit bureau, depends on the creditor. Ask your creditor if they are reporting it. Ask Equifax, a credit bureau, how long it stays on. |
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smurfmonkey
|
technically and by the book it is not late until after 30 days. that shows on your credit for as long as that account is open or active. Once you close the account it will still show for some time. I did not pay close attention the closed accounts so I cannot give a more specific answer. If you know anyone that is a loan officer in bank or is amortgage broker with some experience those would be the best people to inform you properly on what i did not know. |
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DaMan
|
7 years!
According to section 605 of the Fair Credit Reporting Act. |
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ZCT
 |
Most companies only look at your payment history over the last 24 months.
Keep in mind that being late is not the same as a late payment being reported to a credit agency. For example if you make your car payment a couple of weeks late, that is not going to be reported. If your car payment is later than 30 days, it may get reported. If you get two payments behind you are certainly going to get reported.
You might want to contact your lender and check if they have reported it, and ask them not to. |
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Celeste
 |
Da Man has it right. It's 7 years! It's no myth, it's federal law!
Arm yourself with knowledge, read up on the Fair Debt Collection Act and the Fair Credit Reporting Act (esp. Section 605).
And to Snafu, felony convictions, foreclosure, divorce, tax liens, bankruptcy and judgments can go into your Public Record section of your credit report. Late payments are nobody else's business but yours and the original/potential creditor. |
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Just Me
|
depends on your card/loan etc...some only report the past 3 years |
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Mr Ed
 |
5 years.7 if you go bankrupt. |
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dmc81076
|
Yup 7 years unfortunately. If it is one late payment they will hopefully see that you were not late on any of the other payments. Everyone makes mistakes. |
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snafu22bohica
 |
Forever!!! actually i think they keep it for 20 years even though they won't admit it. however, a late payment isn't so bad unless you have a lot of them... oh and yes, 20 years, because it goes into the sub catagories like public records and they have you by the hair...
the favorite myth is seven years, but like i said, most people don't know their tricks that they hide from the population, like using sub bureaus, and public records... but that can be turned on them by accessing the public records and demand they show other stuff like rent payments, employee loans, regular bill payments that are always made on time, like electricty, gas, water, and so forth... you gotta bite back. |
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