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Can you ask your creditor to report new balances to the credit bureau?

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βˆ™ 2006-08-15 18:16:24

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2006-08-15 18:16:24
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Can a creditor report you to the credit bureau for 150?

Yes, they can report you for any amount they are owed.

Can you be a creditor and only report on one company?

Yes. There are no laws stating that any creditor has to report to any more than one credit bureau (and the creditor is allowed to choose which one to report to).

What if a creditor is not on your credit report but trying to collect a debt?

You must pay all of your legitimate debts. A creditor is not required to report a debt to a credit bureau in order to collect the debt you owe.

When you pay off credit card balances how quickly do they report it to the credit bureau?

It will take anywhere from 30 - 90 Days.

What you do if you cannot locate a creditor?

That depends on what you mean by "can't find or locate a creditor". If you get a copy of each of your credit reports, they will list the contact information for each of the creditors that are reporting any type of information about you on your credit report. if you cannot get a response from the creditor after locating their contact information on your credit report, then you may want to "dispute" the information with the credit bureau that is reporting the information. Simply write a letter to the credit bureau stating that the information being reported on XYZ account is not accurate. Please remove this information from my credit file. The bureau will contact the reporting creditor...if the creditor does not respond within a timely fashion, the information will be removed from your credit file.

If a creditor reports an upaid bill on your credit then sells the account to another creditor can they report the same unpaid bill on your credit?

Yes, they can. But, usually it can be removed by the credit bureau once its proven to be a duplicate entry of the same debt.

Report an unpaid bill to credit bureau?

How do I report an unpaid bill to a credit bureau?

How can a person get a past delinquent pay off a credit report when it was dismissed because of bankruptcy?

Really, the only way to have it removed is to dispute it with the credit bureau reporting it. The credit bureau will then contact the creditor for verification. If the creditor can't verify the account, it must be removed immediately. If the creditor can verify the account, your choices are limited to disputing it again and/or just waiting for 10 years for the account to come off of your report.

In California how many years can a creditor continue to chase you for payment and report it to the credit bureau?

Until you pay your debt or file bankruptcy.

Where can I find a free 3 credit bureau report?

You can find a free 3 credit bureau report on

How can you remove a paid collection?

There are 2 ways to remove a collection off your credit report. Either by the original creditor or by the credit bureau. The creditor will most likely not help you unless it was negotiated before you paid them off. You can dispute the debt to the credit bureaus and they must investigate it. If it isn't verified with in 30 days it will be removed from your credit report.

What are some benefits of getting a 3 bureau credit report?

A 3 bureau credit report has many benefits. A 3 bureau credit report can protect you from credit fraud by giving you quick access to all of your credit accounts. Another benefit of a 3 bureau credit report is that by getting information on your credit from 3 different bureaus insures no important information is left out.

Obtaining a report from the credit bureau can be done how?

There are many ways one might obtain a report from a credit bureau. The website, Annual Credit Report is the most reputable and does not require a credit card.

Can you sue a credit information bureau for incorrect information?

Unless you can prove that the bureau singled you out in order to ruin your reputation as a borrower (which is highly improbable no matter how you feel about the bureaus) you cannot sue the credit bureau. You can, however, request that incorrect information be removed from your record. If the creditor that you feel is fraudulent cannot provide records to prove that you are behind or have the account, the credit bureau will remove the item from your report... If you do feel singled out by one particular bureau and want to obtain credit, then ask the to-be-creditor to check your report from a different bureau and not from the one you feel has fraudulent information. They might concede with your request if they feel the situation is extreme enough...

How do you find out who you owe on your credit report to improve your credit score?

When you pull your credit report you will notice at the very last pages of this report your creditor informaiton. This includes the name if the creditor, address, and phone number.

How can you remove a late fee from your credit report if you are caught up with your payments?

Your creditor and the credit bureau are the only ones that can remove late payments. Try contacting your creditor and see if they will do it under goodwill, they sometimes will. You can also dispute it to the credit bureaus and see if they will remove it that way.

Problems With the Credit Bureau?

If you're having problems with a credit bureau, then you're not alone. Each year, millions of people are inconvenienced by mistakes in their credit report. f you've already contacted the credit bureau about your problem and didn't get it taken care of, then you can still call the creditor who reported the information. By letting the creditor know that they've made a mistake, you may be able to get them to send in a corrected copy of your document. Be sure to tell the creditor how you've been inconvenienced, and if that doesn't work, then remind them of your rights.

When an original creditor sells a charged off account to another company does this start the 7 year clock ticking all over again?

No. When an original creditor sells a charged off accounts to another company. I asked the Credit bureau to investgate. However, the creditor is unable to remove it from my credit report. does this start the 7 year clock ticking all over again from the date the credit bureau investigate?

How do you report a business to a credit bureau?

You would have to be a client/contributing member of the bureau to report information.

Is there any way to remove 4-year old late payments from your credit report?

AnswerLate payments can only be removed by the creditor who placed them on there or the credit bureau reporting them. You can contact the creditor and based on goodwill or negotiated a payment, they will sometimes remove the late payments. You can ask for verification from the credit bureaus on them and if they aren't verified with in 30 days, they must be removed from your credit report.

How often do credit card balances get reported to your credit report?


What information does the creditor need about you to report you to the collection bureau?

Creditors obtain all the information they need to report defaulted accounts to credit bureaus when the account holder fills out the original application/agreement.

How does a company report someone to the credit bureau?

The original creditor either sells the debt to a collection agency or the collection agency may aquire the debt on a contingency basis. At any rate once the account is in collections 30 days from the date of turn over the collection agency has the right to report the account to the credit bureau. Accounts are sent to the credit bureau via internet with encrypted files.

How does a private mortgage holder enter a favorable report on the mortgagee's credit?

A private mortgage holder normally does not belong to a credit bureau; therefore, can not report credit activity to a credit bureau..

Is there a way to get a repossession out your credit?

Information only comes off the credit report when the original creditor who reported the information requests the credit bureau to remove it, or if the credit bureau removes it after they have made the attempt to contact the creditor to request them to remove it and the creditor fails to respond. If the creditor cannot be located which is another way they may fail to respond, the credit bureau may remove it after a period of time. In all cases, you the consumer must initiate the process to contest the information in writing. Because the credit bureau customers are the creditors and not you, the credit bureau will only make changes when their customers (the creditors) ask them to. The creditors all pay annual fees to the credit bureaus to be a member and have the ability to put payment history information into your credit file. That's why the consumer must contest the information, then force the credit bureaus to validate and confirm the information with their customer first, then take the appropriate action once they get a response or fail to get a response.