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Can I get closed accounts that have been on my credit report for the past 16 years off by writing to the to the bureaus?
Wiki User
∙ 13y ago
Yes, just dispute them as too old to be on your report. Closed positive information reports for 10 years and negative information reports for 7 years.
Wiki User
∙ 13y ago
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How do you find a list of accounts sent to collections?
Get a copy of your credit report from all three bureaus. You can get a free copy each year. This report will tell you all of the collection accounts that are currently reported, and to which of the credit bureaus they are being reported to.
Do you have to send all three credit bureaus letters to clear a paid debt?
No, you only have to send a letter to the credit bureaus that still show a balance. You can dispute the balance and let the bureaus do the work instead of writing a letter.
Who do i have to contact if i have to accounts in collection i was not aware of?
If you have accounts in collection that you were not aware of, you need to contact the collection company. You can also contact the credit bureaus for more information.
Can you have accounts that have been closed for 2 to 4 years removed from your credit report?
If your question pertains to closed, positive, accounts; you do not want tyis type of account removed (or more accurately, shielded from view) on your credit file. Old positive accounts still show past payment history. If these accounts were open, they would be aiding your credit score by lengthening the time you have had open credit. But, even when closed, they show past credit history. This is good thing, and not something want removed. If your question pertains to accounts with derogatory information; those items may legally show on your credit for 7 years from the date of last activity. After 2 to 4 years, you can write a letter of dispute to the credit bureaus. If the accounts are not verified within 30 days, they must be shielded. If verified, they will not only remain on your credit report, but also get updated. This won't change the length of time they show on your report, but MAY effect how much they impact your score.
How do you get accounts that have been closed for a long time removed from your credit report?
You get closed accounts removed from your credit report in the same manner as any other information. You write a letter of dispute to the creditor, or credit bureau, or both. The question is; why do you want closed accounts removed from your credit? If these accounts were paid as agreed, their appearance on your credit report is still offsetting any other information that appears there. I have clients with closed, 6-10 year old, accounts and active derogatory accounts that still have viable credit scores. Were they to challenge and have removed the closed accounts, they would have no score at all, which can be worse than having a low score. Keep in mind that your credit report, and the resulting credit score, is a history of how you have paid your bills in the last 7 to 10 years. You do not necessarily want that history to be empty.
Can mortgage holders report side notes tax accounts and insurance accounts to credit bureaus?
no
How do you find a list of accounts sent to collections?
Get a copy of your credit report from all three bureaus. You can get a free copy each year. This report will tell you all of the collection accounts that are currently reported, and to which of the credit bureaus they are being reported to.
Do you have to send all three credit bureaus letters to clear a paid debt?
No, you only have to send a letter to the credit bureaus that still show a balance. You can dispute the balance and let the bureaus do the work instead of writing a letter.
How many credit bureaus are there?
There are 3 credit bureaus
Who do i have to contact if i have to accounts in collection i was not aware of?
If you have accounts in collection that you were not aware of, you need to contact the collection company. You can also contact the credit bureaus for more information.
Is it bad for your credit if old credit card accounts are closed by the creditor and not by you?
It is considered a derogatory mark on a consumer's credit report to have the notation "closed by credit grantor" rather than "closed by consumer".
Can you have accounts that have been closed for 2 to 4 years removed from your credit report?
If your question pertains to closed, positive, accounts; you do not want tyis type of account removed (or more accurately, shielded from view) on your credit file. Old positive accounts still show past payment history. If these accounts were open, they would be aiding your credit score by lengthening the time you have had open credit. But, even when closed, they show past credit history. This is good thing, and not something want removed. If your question pertains to accounts with derogatory information; those items may legally show on your credit for 7 years from the date of last activity. After 2 to 4 years, you can write a letter of dispute to the credit bureaus. If the accounts are not verified within 30 days, they must be shielded. If verified, they will not only remain on your credit report, but also get updated. This won't change the length of time they show on your report, but MAY effect how much they impact your score.
If your husband files for bankruptcy on debt acquired after your separation is your credit at risk as well?
Yes, unless you request the credit reporting bureaus to separate your accounts.
How do you get accounts that have been closed for a long time removed from your credit report?
You get closed accounts removed from your credit report in the same manner as any other information. You write a letter of dispute to the creditor, or credit bureau, or both. The question is; why do you want closed accounts removed from your credit? If these accounts were paid as agreed, their appearance on your credit report is still offsetting any other information that appears there. I have clients with closed, 6-10 year old, accounts and active derogatory accounts that still have viable credit scores. Were they to challenge and have removed the closed accounts, they would have no score at all, which can be worse than having a low score. Keep in mind that your credit report, and the resulting credit score, is a history of how you have paid your bills in the last 7 to 10 years. You do not necessarily want that history to be empty.
How do you report a bad debt owed to you to be placed on that person's credit report?
The answer to your question if you have over 500 accounts that are past due is to purchase an enterprise level software that allows you to report to the credit bureaus using a metro 2 format that the bureaus accept files in. The 500 account minimum is imposed by the credit bureaus and you would need to contact Experian, Trans Union, and/or Equifax; set up an agreement to furnish data with them, and update your accounts on a monthly basis. There are several sets of laws governing the reporting of accounts to the credit bureaus including the Fair and accurate credit transactions act (FACTA) and the Fair Credit Reporting Act (FCRA) that you should be familiar with prior to doing so.
Will closing lines of credit affect your credit score if you have no debt?
How can you have "good credit"???????? IF you don't have any "credit". Closed accounts are CLOSED, NOT AVAILABLE, ONCE HAD, IN THE PAST, NOT CURRENT CREDIT, ETC.
What does run a credit mean?
TO run your credit means to do a credit check that includes reports from all or any of the three Credit Reporting Bureaus Equifax Experien and Transunion, also a chexsystems (yes or no) decision sometimes... These reports would contain all delinquencies in the past five years including reports on all accounts(credit and checking) closed for cause.
