If an account is reported as delinquent does it matter what the amount is?

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Yes, all the factors that are used to determine your credit score are important.
When any credit account is delinquent, the amount of the delinquency is not AS significant as the fact that it was not paid as agreed, but it is a factor.
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If a delinquent account was never reported and it suddenly appears on your credit report 5 or 6 years later are you still responsible for that debt?

A consumer's responsibility for a debt is a separate issue than credit reporting. If you owed a debt 5 or 6 years ago, and never paid it, you still owe it. There is a statute

Who can report delinquent accounts to credit reporting agencies?

Answer . \nAny creditor you owe money to can report your delinquent accounts. Generally utility companies and cell phone providers will only report if you have an unpaid

What does delinquency on a credit report mean?

Answer . Means that you did not pay your bills on time, or that you've never paid some of them. Make sure you get that straightened out, then don't be late again! That in

Can a creditor continue to report delinquency to a charged off account?

\n. \n Answer \n. \nOnce an account is settled, as with a charge off, the creditor must refelct that the account is settled. Failure to do so is a violation of the Fai

How do you report delinquency to credit bureaus?

reporting credit delinquencies I am a landlord. My tenant is seriously in default of her lease and is in arrears in excess of $5,500. and refuses to pay. How can I report

What is a delinquent account?

A delinquent account is any account that has a past due balance. Itwill remain in delinquent status until the account has a zerobalance.

What is excessive amount owed for an account on a credit score report?

The "excessive amount owed" is a phrase used to indicate that a particular account is over 30% utilized. Utilization is the balance of the account divided by the credit line.