What happens, after 7 years, if your credit card debt has been charged off, and sent into collections?
Saturday, November 7th, 2009satillarivergal questioned: I have ancient credit card debt! I haven’t paid in 7 years.-And nobody contacts me anymore.I am not proud of it, and realize I need to do something about it. I got a credit report online from Equifax. It showed no debt. Just one card that was in excellent standing.What’s up with that? [...]
A person with a credit card debt of $20,000. How long before it gets charged off?
Monday, October 26th, 2009Sarah O questioned: I have a $20,000 credit card debt. I got many phone calls from creditors and I didn’t answer them. I’ve got letters from attorneys saying that I will have to pay them off or I will have to go to court for the debt. I heard from people that it has happen [...]
Statute of Limitations for credit card debt question?
Saturday, October 3rd, 2009paperclip questioned: I have been told the statute of limitations for credit card debt in Texas is 4 years. After 4 years, the credit card agency can no longer sue you. After those 4 years have passed, are all of the negative items removed from your credit report? Or is it 7 [...]
How long does debt stay on a credit report?
Wednesday, March 11th, 2009~ Jamie ~ questioned: I am helping my best friend clear up her finances and she has many, many ancient collection notices on her credit report that are helping to drag her rating down. They are probably 4-7 years ancient. Do these ever fall off? Or get written off? It seems like they just keep [...]
How does the credit score point system actually work?
Tuesday, March 10th, 2009tak3032 questioned: I want to know how do they determine the credit score point system. I know what is credit and how it works. But I want to know the numbers part like if someone runs your credit report it takes off 2points from your score, another is what if your late on your payment [...]
How can I get a copy of my credit report?
Friday, February 27th, 2009KrazyKris questioned: I applied for a credit card and was denied now I’m wondering whats on it. Which leads me to another question. If a company broke the rules and you got terrible credit because of it where can I report this or get it fixed. Hint; Suncom!
Why does it take 30 days for a item to be removed from your credit report?
Monday, February 16th, 2009michaelwlr questioned: Today I payed a 4 year ancient $80 debt and they said it would take 30 to 40 days to place it on my credit report, is there any to get it done quicker. Also someone that works in banking or with a creditor how much will this raise my score? My score [...]
does a secured credit card show on my credit report as a regular credit card?
Friday, February 13th, 2009remy186 questioned: How does a secured credit card show up on your credit report. Does it help your credit report?
After you pay debt on your credit report?
Saturday, February 7th, 2009Angel questioned: How long after you pay all your owed accounts on your credit report will it clear? I want 1-2 emergency credit cards & I want to buy a new car & with my ancient history I couldnt do that. Now Im more responsible & know the consequences to not paying [...]
How many times can the same debt be placed on your credit report?
Thursday, February 5th, 2009ccdpat questioned: I have had the same “debt” place on my credit report by the original lender, a collection agency over 2 years ago and now a groundbreaking new collection agency. I questioned the original debt on my report and they removed it, and now, it has obviously been sold to another collection agency [...]
What does this mean on my credit report?
Thursday, February 5th, 2009Alabastr questioned: I just looked at my credit report and there is a negative that says, “This account is scheduled to continue on record until Feb 2012.” So does this mean that whether I pay or not it will stay for another 4yrs? So if I don’t pay it it will go away in [...]
How long does an inquiry’s stay on your credit report?
Saturday, January 24th, 2009Alex questioned: I have 85 hard inquiry’s. I place a fraud alert on my credit report. Is there any way I can erase the ones I did not apply for?
What should I do if Experian ignores my request for an investigation of an item on my credit report?
Thursday, January 22nd, 2009candiceinks questioned: I ordered a copy of my credit report a few months ago and saw an inaccuracy. I told Experian immediately by letter and I received no response. 45 days later, I sent another letter certified mail with return receipt. It has been a month since I did that and, still, [...]
What happens to credit score after On record til Date has passed?
Tuesday, January 20th, 2009Stefanie P questioned: If I look at my credit report and it says this is on record til 8/2009 and I don’t pay it, what happens to it? Can the collection agency still hound me for the money or is it gone and my credit score go up?
Can they put my husbands debt on my credit report?
Thursday, January 15th, 2009Juan F questioned: My husband owes a chase credit card and i just checked my credit report and they have it on mine as an authorized user. Is this legal?
I live in N.Y. Also I want to settle with this company before it goes to collections do i send them a letter or [...]
You have a debt on your credit report. Can your wages be garnished if you make payments via check?
Saturday, January 10th, 2009enance questioned: I have a medical bill on my credit report that I want to make payments on. If I start to make payments on this debt via personal
check, can they automatically garnish the funds from my checking account?
Does it hurt your credit score when you check your own credit report?
Wednesday, January 7th, 2009kel5996 questioned: I have been told that every time I order my credit report, my score goes down. Is this right?
What’s the importance of knowing your credit score when the creditors run your credit anyway?
Thursday, January 1st, 2009AMEFIKA questioned: When I apply for loans and tell the creditors what my credit score is they still run my credit. All the reports I read talk about the imporatnce of knowing your credit score and that’s fine. But what’s the importance of knowing my score when the creditors run it anyway? Also, [...]
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