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How do you delete negative credit items?
You can't. Unless you can prove they are wrong. Then you need to get the documented proof and submit it to each of the three major credit bureaus - Equifax, Experian, and TransUnion.
Can collection agencies get on your credit report without proof that you owes money to the creditor who claims you do?
The answer to this question hinges on your understanding of the word "proof". A consumers' standard of proof is not the same as a collection agency, or the credit bureaus. Their standards of proof, or verification, would fall far short of your definition. Case law has upheld their version. Having your identifying data, like name, address and social security number, and a ledger sheet of the account with balance and interest accrued is what is accepted in court as proof. Consumers need to be aware that at no time will business or legal entities involve themselves in the nature of their dispute. When the issue is "proof", you need to address that will the "person that claims...".
How do you paid credit card payment?
Imagine we are purchasing any good in a showroom. The showroom owner will ask us for payment. For this,we can give him credit card. He will insert that card into machine. Our credit card number will be saved there. Then, we will be asked for a signature to provide the bank a proof that we had given our acceptance. The shop owner will move to bank for his payment. The bank will provide him the money.
If you pay off a judgment against you within 10 days does it still show on your credit report?
Yes, the judgment will show on your credit report. Any legal action normally reflected on a credit report (judgments, tax liens, foreclosures and bankruptcies) is granted by a judge. Being a legal action, it must have a disposition. In the case of a judgment, the disposition is called a "satisfaction of judgment". Take proof of your payment to the courthouse and inquire what procedures are needed to obtain a satisfaction. Be sure that you have the disposition recorded. This is usually a small fee and is well worth the money. I also suggest you follow up with all three credit bureaus. Get a copy of your raw credit data from all bureaus. If they list your judgment, send a copy of the satisfaction.
What can you do when a credit agency contacts you about a card you paid off 6 years ago if you paid with a money order and cannot prove you paid?
If you have no proof of payment, then it's the same as if you have not paid. Don't expect a collection agency to believe you. They talk to hundreds of people every day who tell them "it's paid". You can try disputing the account with the original creditor, the company you paid it to and the credit bureaus. At least that would put the gears in motion. But, without proof, don't get your expectations too high.
How to remove a bankruptcy from credit report?
The bankruptcy will remain on the credit report until the required ten years has expired. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.
Can a foreclosure be removed from your credit report?
Foreclosures can be removed from your credit report like any other negative item. You must dispute it to the credit bureaus. The credit bureaus will have 30 days to verify the foreclosure or it must be removed from your credit report. With the higher amount of foreclosures lately you have a better chance of it being removed. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Foreclosure from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "foreclosure account" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The bank that held your mortgage may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.
When is a bankruptcy removed from your credit report?
Bankruptcy may remain on your credit report for up to ten years. However, what is probably more important to you is the impact that bankruptcy will have on your credit options. That depends heavily on how you handle your finances and credit accounts after bankruptcy. Many bankruptcy petitioners who manage their credit carefully and make an effort to rebuild credit are able to qualify for traditional mortgages and car loans within about two years.UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.
If you have a repossesion on your credit report when you file for bankruptcy will that be removed from your credit report?
No. The repossession will be its own listing. If is was including in the bankruptcy, it will be listed as 'included in bankruptcy' but it will still be listed as its own listing.UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.Not only can you get a Bankruptcy Legally Removed from your credit report but you can also get Foreclosures, Default Judgments, Tax Liens, Repos, collections etc...all removed. All negatives no matter how bad, how many or how recent ... they all can be removed legally!
How do you get charge off your credit report?
You can remove a charge off by either disputing it to the credit bureaus are negotiating the removal with the original creditor. The credit bureaus have 30 days to verify a dispute or it must be removed from your credit report. You can negotiate the removal upon final payment of the amount owed with the original creditor, but make sure you get this writing before paying them off.UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Charge-Off from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "Charge-Off" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The original creditor may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.Not only can you get a Charge-Off Legally Removed from your credit report but you can also get Bankruptcies, Foreclosures, Default Judgments, Tax Liens, Repos, Charge-Offs, collections etc...all removed. All negatives no matter how bad, how many or how recent ... they all can be removed legally
How can you get a repossesion off your credit report?
If it is there lawfully, it will remain until it has reached the SOL for reporting which is 7 years.UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Repo from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "repo" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The bank that held the auto loan that you defaulted on may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will have to remove the negative from your file because they do not have it in their files.Not only can you get a repoLegally Removed from your credit report but you can also get Bankruptcy, Foreclosures, Default Judgments, Tax Liens, Repos, collections etc...all removed. All negatives no matter how bad, how many or how recent ... they all can be removed legally!
How can you get a foreclosure off your credit report?
There is no difference in method for disputing various derogatory items. You dispute a foreclosure with the same technique as disputing late payments, collections or judgments. You need to aware that the information on legal entries is verified before they are listed on your credit report. Judgments and foreclosures, which begin as trade lines in the credit report, are "double" verified. The standard of verification for trade lines, (the credit accounts before they become legal entries) is name, date of birth, address, social security number. There are different standards for legal items in the public record portion of your credit. Those entries often do NOT have your social security number recorded. However, if a foreclosure is listed in both places, and is accurate and belongs to you; there is little you can do to make this disappear prior to the statute of limitations running out. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Foreclosure from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "foreclosure account" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The bank that held your mortgage may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file.
What is the law concerning Credit Bureaus must have verifiable proof of the foreclosure account in their files if they are going to report the negative item on your report?
The Fair Credit Reporting Act requires creditors to report your account accurately, and the credit bureaus are required to maintain records that match the reporting. The bureaus are not responsible for the accuracy of the reported account information as they do not have access to the account records for each creditor. If you dispute the accuracy of an item, they request a response from the creditor, at which point the creditor must either show that your dispute is invalid, that your dispute is indeed valid, or fail to respond in a timely manner (failure to respond will mean the dispute is accepted and the item corrected or removed).
How do you delete negative credit items?
You can't. Unless you can prove they are wrong. Then you need to get the documented proof and submit it to each of the three major credit bureaus - Equifax, Experian, and TransUnion.
What is payment credit as a type of letter of credit?
A dispute letter to credit bureaus is written by an individual to the credit bureau over the some issue related to credit standing. The individual would need to be clear in his letter of dispute against that of the credit bureau, providing evidence where possible to proof the error on the part of the credit bureau.
Can I sue someone I got a cellphone for on my credit and they didnt pay the bill?
Yes, if you can provide proof to the court that they agreed to pay and it was not a gift.Yes, if you can provide proof to the court that they agreed to pay and it was not a gift.Yes, if you can provide proof to the court that they agreed to pay and it was not a gift.Yes, if you can provide proof to the court that they agreed to pay and it was not a gift.
If a parent cosigns a loan that goes into default and the loan is paid in full what happens to the default status on the credit report can it be removed?
If in the US, then yes. The default will be replaced with paid in full. Simply send proof of the payment to the three credit bureaus.
