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Is account still considered delinquent on you credit report if it has been paid in full?
Wiki User
∙ 9y ago
Technically it is a paid, and no longer delinquent account. But it is still considered as a negative account by the FICO scoring model. The bureaus want to show your entire payment history to any lender subscriber to their service. This will still be reported as a negative account for up to seven years.
Wiki User
∙ 9y ago
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How can you remove delinquent utility bills from your credit report?
You can only remove bills if you pay them or if the bills are listed incorrectly on your credit report. It is best to pay them off and then the bills will not be listed as delinquent.
If you had an account become delinquent in 1998 but the charge off appeared on your credit report in 2005 can this be removed?
Dispute it with the reporting agencies. They are Equifax; Transunion and Experian.
How long does a delinquent paid credit card account that has been closed stay on your credit report?
=== Sad to say that delinquent accounts will be on your report for 7 years unless you make an effort to have it removed. There are ways to do it.I cannot post my web site here however if you decided you need help then visit my bio page for more information. best of luck.===
If an account was delinquent 8 years ago but the judgment is 2 years old should this be on your credit report?
A valid judgment will remain on a report for the required seven years. Keep in mind however, some judgments are renewable and can be placed back on the report at the time they are renewed.
What is commonly used to determine if you should give customers an AR Account?
credit report
Is a line of credit considered a revolving account?
Yes, if the account type is considered a line of credit it will be calculated into your revolving account balance on your credit report.
How long does a debt stay on your credit if the amount is not paid?
A debt will stay on your credit report for seven years after the date that you were originally delinquent on the account. After seven years, this debt is taken off of the account.
How can you remove delinquent utility bills from your credit report?
You can only remove bills if you pay them or if the bills are listed incorrectly on your credit report. It is best to pay them off and then the bills will not be listed as delinquent.
If you had an account become delinquent in 1998 but the charge off appeared on your credit report in 2005 can this be removed?
Dispute it with the reporting agencies. They are Equifax; Transunion and Experian.
What steps does a business need to take in order to place a client's delinquent account on the client's credit report?
The business would have to become a client/contributing member of the credit bureau(s).
Repo how long will it take to get on credit report?
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
What is the last date of Delinquency?
The last date of delinquency refers to the date when a consumer account first became delinquent and was never brought current again. This date typically marks the start of the seven-year period after which the delinquent account should be removed from a credit report.
Is being delinquent the same as having a late payment on credit report?
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Is it legal for a lender to report a negative paid account as delinquent?
No. A creditor can report a paid derogatory account as delinquent PRIOR to being paid. But if you paid it off, the correct status is "paid" (collection or charge off).
How will settling credit card debt affect your credit score?
It will raise your score slightly. If you don't settle a delinquent account, the verbage on your credit report may read: "collection account", or "unpaid collection account". However, if you settle, the report may read "settled". By settling with the debt collector, you have made an attempt to fulfill your financial obligation. Therefore, your score will raise slightly.
If you have an outstanding child support debt on your credit report what does it mean when your credit report states that this account will be positive in the year 2010?
By that date any delinquencies will be deleted because they'll be considered a write-off on your account.
How long does a delinquent paid credit card account that has been closed stay on your credit report?
=== Sad to say that delinquent accounts will be on your report for 7 years unless you make an effort to have it removed. There are ways to do it.I cannot post my web site here however if you decided you need help then visit my bio page for more information. best of luck.===
