
Will paying defaulted student loans improve credit scores
Negative accounts, even paid defaulted loans can remain on your credit report for seven years from the original date of the first missed payment that led to the defaulted off status.
Negative accounts, even paid defaulted loans can remain on your credit report for seven years from the original date of the first missed payment that led to the defaulted off status.
Once a bankruptcy is filed it is almost impossible to un-ring the bell. Even if the debt is paid, a dismissed Chapter 13 can stay on reports for 10 years.
Being an authorized user on an account is a good strategy for building or rebuilding credit history and credit scores.
QUESTION: Hello, I was recently involved in a Check fraud Scam that affected my Business Account with Bank of America
Creditors can report a charge-off every month to the credit bureaus but if the charge-off has been sold to a collection agency it must report a zero balance
According to myFICO.com – FICO® Score 8 ignores small-dollar “nuisance” collection accounts in which the original balance was less than $100.
A collection agency can report the date they received a debt but that does not change the date the debt is due to come off your credit reports.
FICO scores can be very different at the 3 major credit bureaus. Don’t assume each credit bureau has the same information in your credit files.
Collection agencies may not always respond to a debt verification/validation request but that does not the issue is resolved.
Negative re-aging occurs if a collection agency changes the delinquency status of an account to fool the credit bureaus into
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