 Is it better to leave credit cards open after u have paid them off? |
| i have a mc which im keeping open and activily using and also an old navy card that im using i just paid off my target and gap card and i also have a victria secret that i have never used and im not ... |
|
 Pay off loan not in my name, pay off card in my name, or save for down payment? |
I owe on a loan with my family that is not actually in my name, but I've agreed to share in it, my part has about $6k left at 9%.
Then I also have my own credit card, in my name, with ... |
|
 Can you opt out of credit card offers? |
| I get junk mail for credit cards every week that I'm never going to apply for.... |
|
 Can someone in the know advise me please!? |
| i brought a car on finance 3 weeks ago and havent been able to use it since as it decded to break. The company Car Craft who i brought it from are not being at all helpful and i just want to return ... |
|
 Are there any online sites to check my credit rating,,,thanks? |
Additional Details
i`ve tried these sites,they ask for card details & payment.... |
|
 Didnt even get a secured credit card!!!!? |
| I moved to the states from Germany a year ago...I dont have a credit history and I knew I cant get a credit card without one. So today I went to my bank "Bank of Amerika" where I have a ... |
|
 What's the best way to eliminate credit card(s) debt? |
| I'm in way over my head, as some would say. I owe a little over 5 grand on my primary credit card and the max is $5,300. I owe about $500 on another, and $400 for a traffic citation. What should ... |
|
 Am i responsible for a debt after 4 yrs have passed, and this is the first time they have contacted me? |
| I have just been asked to pay a debt after 4 yrs, I know I still owed part of the moneys the person is asking of me, but not all as most of it was paid in 2003, I have proof. I have been told that ... |
|
 What is the best credit card for....? |
| are there any credit cards that charge no interest for the first month or so? I only need to pay off a couple of debts, I don't plan to use it much...anyone know of good credit cards? Also...... |
|
 If I choose to blow off a mortgage loan, how long will it take to regain credit? |
| BadGirl has an idea. What if I dump all of my student loans into a refinance and/or home equity (on property I own, but need to unload), and then I decide to bail on that property. It will take me a ... |
|
 What do you know about Equity Bank Of Nigeria? |
REF:TRANSFER DEPARTMENT:Information For Transfer
This office is in receipt of your transfer and it is based on the information which you provided in the form which you suceessfully returned ... |
|
 I am a 16 year old who has started my own cell phone company. as far as getting a loan, how could I do so? |
| I started Cells Wholesale Inc, and after a year of business, incorporated it in the state of california. We are looking to expand our operations on the web, and we also want to invest in a ... |
|
 What is a good first credit card to go with? |
| my first credit card ever. looking for something with low interest and i dont need all the extra services. my only major purchases are for 2 bikes - $1500 - $2000 each. everything else will cost less ... |
|
|  |
justaquestion | Once you have paid a collection bill, does it come off your credit report? |
I just ran my credit report and I have numerous accounts showing that I still owe them when I know they have been paid.
Additional Details
Also, once they verify with the credit bereau does it come off your report or does it just show paid?? |
 |
 
CE S
 |
Collection agencies are lazy once they've already gotten their money. Once your debts have been paid, go into your credit record via the 3 major credit agencies and submit a dispute against the debts you've paid. The agencies will then forward it to to the collection companies. The collection companies have 30-45 days to answer the dispute. Because they've already received their money, they won't bother and then the credit agencies will have to remove the debt from the record. I've been doing this for the past 4 months and have raised my score 60 points. |
|
Amanda H
|
It only shows paid, and it still really hurts your score-- especially numerous ones.
I will say, though, once they are paid you should do disputes with all three credit bureaus claiming that the collection agencies agreed to delete the account when paid in full. About 50% of the time, you can be successful and have them deleted even though they are valid IF they are paid-- I guess the agencies dont really care as long as they already got their money. It really works and it makes a great improvement in your score. |
|
Ramesses V
 |
Allow 60-90 days contact the Creditor,then file a claim to the credit bureau dept. |
|
Lianne
 |
There is a time frame for how long items such as collections and late payments, leins, etc stay on your report, it can be found at the time below. Even if an account is paid off it will continue to work against you for however many years that particular item is reported. See the link below |
|
STEVEN F
|
The account will still appear for up to 7 years. Your creditor should update your report to show that the account has been settled. If they don't, you can send a dispute to the credit bureaus. Your report should include instruction telling you how to do this. |
|
jbowler
|
They will stay on your credit report for years. If you had a charge off, which is common with an account in collection, the negative item will remain on your report for 71/2 years from the default.
If you behave yourself financially, the impact of these negative items will deminish over time.
If your report shows paid items as unpaid, read this article: http://www.credit-yourself.com/credit-report.html. It gives you the names and addresses of the credit bureaus and instructions on how to contest incorrect entries. |
|
Ryan's mom
|
Send the reporting agency a receipt saying that you paid it, and they should mark it as paid, but it will stay on your record for at least 7 years after being paid. |
|
NNW
|
It does come off your credit report....in seven years. |
|
5seriesfan
|
NO.You can have them marked paid but they will stay on you r credit bureau for 7 years from the date of default. The downside is that the collector can continue to update the credit bureau. That can affect the date that it falls off the credit bureau.Keep every thing up to date and on time to help minimize the effect. There are ways to have it removed early. E mail me if you have any questions-secrets4u2003@yahoo.com |
|
my2catsn1dog
|
Yes they are supposed to be taken off your credit report or reported as paid. You need to contact the places that are still on your report as you owing them and tell them that you want them to correct this problem! |
|
sweet_thing_kay04
|
No sorry but it stays on for 7 years.The reason is because it is a credit report. So they get to see how you have payed or NOT PAYED your bills. Thats how it works and it wouldn't be fair to credtors if they took it right off now would it? Then they couldn't see how you paid your credit. Good luck...Oh u can get them to put on there that u did pay it but it will still show your default time.I see people have told u how... |
|
snape4good
|
You have to provide the credit bureau with proof and they can have it removed. Or, you can contact the person you paid and ask them to remove it. Both is probably the best idea... Good luck. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 12 minutes(s) ago
| | | |
12 | 31 minutes(s) ago
| | | |
12 | 32 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
12 | 4 hour(s) ago
| | | |
12 | 5 hour(s) ago
| | | |
12 | 9 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
11 | 5 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
