Credit Cards can be an asset to your personal finances. You report your credit card company to regulatory or consumer rights agencies, if they engage in bad business practices such as abuse or unauthorized charges and contract amendments.
Technically, yes, but usually this is not the case. Most major companies will post the good and the bad, particularly credit card companies and banks. Other companies will only report the negative, such as utility companies, apartment rental companies, etc.
Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.
If you have a bad credit history, you can still avail of credit card applications. It depends on the company. Sometimes, you have to fix your credit card history before you can apply for a new one.
The bad news - You will be assessed a late fee. This amount varies depending on the credit card company. The good news - The majority of credit cards companies only report to credit bureaus if the payment is 30 days past due.
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
if you are an authorized user on the card then you are responsible for the card too. so yes they can
Technically, yes, but usually this is not the case. Most major companies will post the good and the bad, particularly credit card companies and banks. Other companies will only report the negative, such as utility companies, apartment rental companies, etc.
You can have a credit dispute, if the agency reporting the bad judgment does not get back with the company disputing the judgment within 30 days, it HAS to be removed from your credit report. Example: I filed bankruptcy(?) on a auto repo. and the company did not take it off my credit report, I had my credit card company do a credit dispute, they did not respond within 30 days, and it was removed from my credit report.
doing extra credit and get good grades after that report card
Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.
If you have a bad credit history, you can still avail of credit card applications. It depends on the company. Sometimes, you have to fix your credit card history before you can apply for a new one.
Yes, credit card consolidation will affect your credit score. It will show on your credit report for at least five years, it doesn't hurt as bad as bankruptcy however.
Yes.
A report about your credit that is bad.
The bad news - You will be assessed a late fee. This amount varies depending on the credit card company. The good news - The majority of credit cards companies only report to credit bureaus if the payment is 30 days past due.
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
Only if you get an agreement from them in writing. How could the collection agency have any affect on the original credit card issuer? You are dealing with two completely different accounts, one for the credit card and the other that was purchased as a bad debt. They cross reference each other on your credit report, but otherwise are unrelated.