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The easiest way to have debt removed from your credit file is to pay the debt which also show that you can make & keep to payments. You can also negotiate with the company the debt is with to remove this debt.
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∙ 10y ago
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Is care one credit card good on credit reports?
Care One is a debt consolidation service that negotiates with your creditors to reduce your debt. Debt reduction never looks good on your credit report because it signals to creditors that you have not paid your previous debts in full. However, most people who are deep in debt rightly prioritize getting out of debt over having a good credit rating. Also, credit reports only go back seven years, so eventually negative items will drop off your report.
How do you contact your creditors to pay off bad credit?
Trust me I have been there done that! I searched online through google to find phone numbers and addresses, contacted the company, then they gave me the number to the debt collector whom i called and made a payment plan with and paid off my debt. Then to remove it from your credit is very simple you log onto experian.com or equifax.com and you can request a free credit report! You get one free credit report a year!
Example of investigative report?
One example of an investigative report is that which reveals the credit card debt repayment history of a person. A good repayment history may lead to higher credit ratings.
Can business credit card debt affect my personal credit card balance?
A business credit card debt can affect someone's personal credit card rating. A credit report for an individual is processed by activity of one's overall credit. This means that having debt for a business credit card can hurt a person's chances of receiving lower interest for a home finance loan.
How do you remove a judgment from a credit report in one day?
I dont know ask someone who cares
What is more credit damaging Bankruptcy or settling a credit card debt?
Bankruptcy would be more credit damaging than just having large credit card debt, mainly because it stays on your credit report for longer. One of the biggest disadvantages of filing for bankruptcy is the lasting effect it has on your credit report- typically staying on your report for 7-10 years. With credit card debt there are more flexible options and obviously when you pay the debt and does not stay on your report for as long.
When filing bankruptcy what do you do with creditors that 'drop off' your credit reports before you file?
Your credit report is irrelvent. Certainly many debts are not on one. If you owe the debt, report it.
Is a bad debt erased after 7 years?
No it is NOT! You have to get your credit report to see when the creditor last updated their report to the credit reporting agency. If the creditor chooses to report this bad debt every month than your bad debt will only be erased from the last update. For example: You have a bad debt from a Sears credit card from Jan of 2010. Each month Sears has reported your bad debt to Trans Union or one of the other agencies. The new date is from the last time they updated your credit report NOT from Jan of 2010. They can update it every month for the next 20 years and it will stay as a bad debt and ruin your credit report score. Legal to do it too.
Is care one credit card good on credit reports?
Care One is a debt consolidation service that negotiates with your creditors to reduce your debt. Debt reduction never looks good on your credit report because it signals to creditors that you have not paid your previous debts in full. However, most people who are deep in debt rightly prioritize getting out of debt over having a good credit rating. Also, credit reports only go back seven years, so eventually negative items will drop off your report.
How do you contact your creditors to pay off bad credit?
Trust me I have been there done that! I searched online through google to find phone numbers and addresses, contacted the company, then they gave me the number to the debt collector whom i called and made a payment plan with and paid off my debt. Then to remove it from your credit is very simple you log onto experian.com or equifax.com and you can request a free credit report! You get one free credit report a year!
Example of investigative report?
One example of an investigative report is that which reveals the credit card debt repayment history of a person. A good repayment history may lead to higher credit ratings.
If you have been told you have a delinquent debt with a car repossession that was charged off in 1994 can this debt be placed on your current credit report even though you have denied ever owning the car?
A repossession that is over seven years old is not supposed to be on your credit report. It is not unusual for a collection agency to illegaly "reage" a debt in order to try to pressure you to pay. From your post it does not appear that you know what is on your credit report. If you have been denied credit then you are entitled to receive one for free. Contact information for the three credit reporting agencies can be found at solidgoldhomebusiness.com If this item is actually on your credit report then you can dispute the information and demand verification. Dispute instructions will be included with the report.
Where can one get help with their consumer debt without ruining their credit?
The Motley Fool is a great online resource where one can get help and find more information about consumer debt. This website provides information only and will not report to any credit agencies.
Can business credit card debt affect my personal credit card balance?
A business credit card debt can affect someone's personal credit card rating. A credit report for an individual is processed by activity of one's overall credit. This means that having debt for a business credit card can hurt a person's chances of receiving lower interest for a home finance loan.
Can you request that a credit agency remove several items off your report after seven years or can you only request one at a time?
I would think several items as the important point is the seven year limit on debt.
How does one report debt owed to them to the IRS and the credit bureaus?
Individuals cannot report to credit bureaus concerning debts that they are owed. Individuals should file a lawsuit in the appropriate state court and when (if) they are awarded a judgment the judgment will appear on the debtor's credit report. Individuals cannot report such matters to the Internal Revenue Service.
How do you remove a judgment from a credit report in one day?
I dont know ask someone who cares
