Credit Repair Questions & Answers

michaelwlr asked:


Today I payed a 4 year old $80 debt and they said it would take 30 to 40 days to put it on my credit report, is there any to get it done faster. Also someone that works in banking or with a creditor how much will this raise my score? My score is 597.

Alabastr asked:


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 2012?
So in 4 yrs I will have better credit? When that goes away will my score go up?

Teddy Y asked:


I’m going for a Home Loan and have a low score and 3 things on my credit report were paid already