 Denied a loan due to criminal history!? |
I have a misdemeanor on my record from several years ago. My banker stated that the 'board' denied my loan because of this misdemeanor charge!
I've never heard of anyone ... |
|
 How does a credit card company believe you work? |
| so if one applies for a card...and lies on their application and get approved...how do the cc know? what if u dotn work but u just tell them u do? and u lie about ivome and ect..?... |
|
 My boyfriend has little or no credit and needs a credit card What kind can he get? |
| What type of credit card can you get when you have little or no credit? He just needs to build credit. T... |
|
 Would I be best off going bankrupt? |
| I owe £32,000 in credit cards and loans, my repayments are £700 a month and I am getting deeper in debt each month. I'm married with 2 kids and I take home about £1000 a month. By the way I ... |
|
 I am trying to get a credit card.? |
| What is a good credit card I can apply for if my credit is not that good.... |
|
 Reducing credit card debt? |
| I am on a budget, successfully last two years. Before then, we racked up nearly $9000 total in credit card debt on five cards. (home repairs, stuff). We have paid our credit cards on time, and have NO... |
|
 I am 49 female looking for a home loans with fair to poor credit never own a home before? |
Additional Details
I live in s.c. and slready living in the house i want to buy and i owe 59,000. but cant used my hubby because his ex wife got a house in his name and cant support two ... |
|
 I just went over-limit on my credit card - will this affect my credit score? |
i've never gone over before & never missed a payment.
Additional Details
i've already made a payment online for way more than the amount i was over.... |
|
 I cosigned for a student loan but the borrower didn't use the money for school. Can I sue the person? |
| The borrower used the money for renovating the house and didn't go to school. Will I win in court if I sue the person?... |
|
 What's the worst thing you can do to your credit? |
| Financial buffs, when it comes to finance, I'm an infant. I made a couple of purchases online, one at a shoe store, one at a music (instrument) store, and both were declined since I had ... |
|
 Help!! I tried to order my credit report but it doesn't exist. How is this possible? |
| I just received a collection notice for a debt I definitely don't owe, but when i went to order my credit report on transunion's site, the system said it wasn't able to find my report..... |
|
 How do I establish credit? |
| I don't bad credit. I just have no credit. I've applied for credit cards and have been rejected.... |
|
 How to establish credit...? |
| i turned 18 in june so i have no credit i have been working for about a year and now i wanna start establishing my credit what would be the best way?... |
|
 Bankruptcy vs. paying off debt? |
| I am debating between filling bankruptcy and paying off my debt I have 12 - 15 delinquent accounts that have not received a payment (all charged off or in collections) in over two years including a ... |
|
|  |
rec | Negative things come off my credit report in 7 years? |
what exactly does that mean?
my credit identity was stolen 3-5 years ago and i have 40+ account opened without my knowledge. I didn't notice until 2 years ago and anyway... I've been hearing that the negative marks come off of your credit report in 7 years. from when? the last time the account was used? when it was charged off? I heard that when you contact the collection agency or lender then that re-opens the 7 years... so, when the accounts were last used in 2003 and i didnt notice until 2006, didnt contact them until 2007 to gain information and dispute the account, did that change the year its removed from 2010 to 2014?
Any info will help, I'm so lost. |
 |
 
Sgt Big Red
 |
The credit bureaus keep your personal credit history for periods between 7 and 10 years:
Unpaid Tax Lien - Indefinitely
Chapter 7 Bankruptcies - 10 years from date filed.
Public Records - 7 years from the date of payment;
Closed or Inactive Accounts - 10 years from the date of last activity;
Derogatory Accounts - 7 years from the date of original delinquency;
As of December 29, 1997 the reporting period runs 7 ½ years (7 years plus 180 days) from the date (month and year) of the last delinquency (known as "last missed payment:).
So, regardless of how long a creditor waits to charge off, sell or transfer a debt, they must report the true and correct "delinquent or last missed payment" date (month and year) that preceded the creditor's action.
Running of Reporting Period - Section 605 [15 U.S.C. § 1681c]
Some creditors will re-date a debt to keep it on ones credit report, this is ILLEGAL as per 15USC1681s-2] § 623. Responsibilities of furnishers of information to consumer reporting agencies
Hope this is of help to you
LEGAL DISCLAIMER: The advice contained herein is for informational purposes only. It is not to be construed as Legal Counsel nor Legal Advice. |
|
Peilthetraveler
 |
You can get the negative items off within 90 days if you dispute it. Buy a good credit repair book (dont go to those agencys that charge hundreds of dollars) You will probably have to contact the police if you didnt when you first noticed it so you have a report to show the collection agencies. If you can get them to take it off it will only take about 30 days, otherwise you have to go thru Transunion, equifax and experian. |
|
Devils’ Advocate
|
everything you need to know is here http://www.ftc.gov/ |
|
Marla
 |
When it was charged off date to 7 years. The Collection agency does not have any right to report the debt on your report. They use to buy accounts and do that, but many of them got sued to the point where they can only claim to be a collection agency for the charge off and can't double report the same debt, without violating the credit reporting laws. The abuse was also linked to violating the FDCPA. If you find this on your credit report you can sue them for money and you would win in most cases. Contacting the Collection agency does not re-open the charge off date. If you heard this stuff from a collector, then they are lying to you, which isn't much of a surprise. Anyway, the credit reporting agencies do not want to get sued and don't double report charge offs because a collection agency sent it in and they know to evaluate this under the laws that govern them. In cases where you are sued to pay, it is highly illegal that a debt collection agency claims the same suite report as in double jeopardy. |
|
biggenbill36
 |
Disputing or contacting the creditor does not reset the clock on their behalf. Only a payment on your part can do that. 2010 if not active since |
|
Brandy
|
All negative activity (for bankruptsy it's 10 years) will be removed within 7 years from LAST ACCOUNT ACTIVITY. This means the last payment made, settlement offer made,ect. As long as you haven't paid on them or anything they will drop from the last payment recieved or last charge initiated. Also, keep in mind that most companies will drop it off your credit before 7 years. There are also legal services that are fairly cheap (around $30 a month) that will get the negative marks off your credit. One is lexingtoncreditrevolution.com....Hope this helps and good luck! |
|
The End
|
as long as you are disputing you will be fine -they can only extend the statute of limitations(7 years) if you agree to any payment arrangement -keep fighting and keep on them ! |
|
firefiter
|
the negative stuff comes off when the debts are paid, and not one second before. if you dispute charges on your credit, and can prove that they're NOT your debts, then they have to be deleted immediately. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 39 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
8 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 1 month(s) ago
| | | |
9 | 4 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
