 How do I get a Credit Reporting Agency to take off a negative report when I was at fault? |
| I've had A+ credit for 30 years, for some reason I missed paying a $50 debt to a department store for 4 months. I have no idea why I didn't pay it, I don't do that, except this time ... |
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 How do I build credit? I keep getting denied.? |
| I'm 18 years old and have a savings and checking account. I have a steady fulltime job that pays me 400 a week (gross pay). I've applied for credit cards--regular major cards, student ... |
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 How could a bank do this? |
| My bank is so stupid.Last night I checked our account and there was quite a lot of money in there when I woke up this morning.I was in overdraft.I have made 2 deposits to cover this amount and they ... |
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 How do i find money when ive got bad credit and have to work everyday? |
| I get paid on the 25th and have to work everyday till then, I live in london and its extremely expensive. I have nothing and im not sure what to do as i can't get an overdraft or loan because i ... |
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 Can i pay my credit card bill before its due date? |
| Its my first credit card and first payment is due 4th on next month the limit is $300 and alredy have spent $200 is it ok to bay before its due date if i do it will it still improve my credit or ... |
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 Please please please help!!!! PLEASE!? |
| To make a long story short, I tried to get my credit report information online from annualcreditreport.com, and it asked those personal questions confirming who you are. It asked what company i took ... |
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 My sister used my daughter's name for a credit card? |
| I believe my sister used my daughter's name who is 5, to obtain a credit card. The purchases where around 300.00. I am not going to press charges. But does anyone know what will happen during ... |
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 Cleaning your credit? |
| I recently pulled of my credit report for the first time in 3 years. It is pretty bad. I wasn't sure if I should us a clean credit company to help get my credit score back up....how does that ... |
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 Visa debit card needed - which ( UK) bank ? |
Hello,
I need a Debit card to use on many internet websites and international, like visa. Do you know wich bank offer (only debit) visa cards in uk ?
thank you
Additional ... |
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 Is there any way to buy things online if my parents REFUSE to let me use thier credit card? |
i have so many things i want to buy online that arnt avalible in stores but my parents wont let me use thier credit card...is there ANY way to get the things i want?
Additional Details
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| Does creditors fall off after seven years? |
| what i mean is my credit is shot the only thing that is a constant are my student loans... i have three or four credit cards that did not have no more than a 500 dollar credit limit but i defaulted ... |
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| How much is too often to check your credit report? |
| I know if you check it too much it can be bad.... |
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 What's more important earning more money or saving money? |
| There is a saying "It is not how much you make but how much you save"... |
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 Am I doing the right thing with my husbands bad debt? |
| My husband has $20,000 in debt in occurred before we got together.12,000 of it is past due things he has stopped paying on, the other $8,000 is his car. I want to sale the car and get a junker for $1,... |
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mac | How long will it take for my credit score to go up? |
How long will it take for my credit score to go up after I pay a creditor that has shown a late pay every month for a year, & it shows as 30 one month, 60 the second month 90 the third & so on? |
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Blunt Honesty
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well, even if you pay it now, it was still late then. That will stay on your credit report for 7 years. |
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Lab Accident
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7 Years
http://en.wikipedia.org/wiki/Credit_report#Understanding_credit_reports_and_scores |
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Ralphie
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Usually it takes 7 years for negative stuff to drop off, but if you open up some more credit accounts or small loans and keep paying them off on time your score will slowly start improving. |
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dougzinboston
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When the bill is shown as "paid in full" the score will go up slightly within 30-60 days providing the company properly reports to the bureaus.
The late payments showing on your previous credit card account will disappear 7 years from the date it was reported closed. The same with the collection account.
For example: If your card was closed and sold in 2005 and you payoff the collection agency in 2007, your card will fall off in 2012 and the collection agency in 2014. |
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I.C.E. AGENT
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6 years. |
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The Mokoda
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It depends on how far up you're expecting it to go! If you establish a pattern of making regular, timely payments, don't move or change jobs, then your score will rise over the course of several months. You might also want to get a copy of your credit report and see if there are things you can have removed (if they're negative). |
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RED
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The best way to improve your credit score is to pay rent and mortgage payments on time. They are weighted heavier on the scale than credit cards, etc. If you have an unpaid bill it will stay on there racking up late days until you pay it off or make it current... It should not show a late payment as continueing to rack up lateness if you are current on the account. However,it will show that you WERE late on that account for 7 years. You can still improve your credit rating though, by keeping your payment up. |
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GRAY
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On the average, about 6 months, that is about 6 months after you have paid most of them and are making payments on time,,,I don't know what all these other people are talking about because I was in the same situation a couple years ago...and my score is steadily rising. |
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Kristy ♪♫♪
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7 years |
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Toxic
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Normally its 7 years but if a creditor keeps sending information on you to a credit reporting agency it could go on forever, it would be best to take care of the debt and then wait for you credit rating to get back to normal. |
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daddyduh
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Just went through this situation!
First, get your payments ahead. Make an extra payment one month so that unexpected costs don't put you back behind. KEEP YOUR PAYMENTS MADE ON TIME!
Next, get something and make payments on it. Don't pay it off early, because this actually hurts you in the long run! Keep making payments on time until it is paid off.
Finally, put all you can away!! Everything you can save needs to be put away for "rainy days". Figure out what you make minus what you owe (on a monthly basis), and this tells you what you have as far as "discretionary" spending. Judging by this figure, judge how much you can put up, and KEEP IT PUT UP!
Six months after you start following and STICKING TO THE PLAN, you will look at your score and see it rising! |
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mikeherman45
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That creditor will show those problems for up to 7 years. If you open up new credit and maintain that and your other accounts, by never being late and not using up much of the existing credit on your cards your score should start increasing.
http://www.how-is-your-credit.info/
http://www.creditandcreditreports.com/your_credit_report_and_score.html |
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Ted
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I am sad to tell you that the answer is never.
The three credit scoring companies in the US run a scam together with lenders. They use anything on the report, even many years later, as an excuse to overcharge you interest. Lenders get more money, reporting agencies get fees, and YOU pay for them.
My advice - pay off the cards and NEVER use them again. Otherwise, you are just filling the pockets of some of the richest people in America by giving them your hard earned cash as interest. Pay for what you get right away, and you will be much better off in the long run.
I am not kidding. Do the math, and you will see that paying off a $1000 debt using their minimum payment will cost you from $2000 to $5000 dollars total over time, depending on the interest they choose to charge you. |
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