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2005-08-10 17:42:39
2005-08-10 17:42:39

items will remain on your credit report 7 years from the date of last activity. What that means is if the account was already 6 years on your report but it was sold to another company it could remain on your report for another 7 years based on activity

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that it has been closed by either you or the company- either way it shows as a negative in your report


Get StartedIf you have been denied credit or if other adverse actions regarding your credit have been taken based on your credit report, you may want to obtain a copy of your credit report and verify the information contained in it.The purpose of the Request for a Credit Report letter is to assist you in obtaining a copy of your credit report, particularly if you have been denied credit, employment or insurance within the last 60 days. The credit report tells how you have managed credit in the past and companies examine your credit report before deciding whether to give you new credit. You can request a copy of your credit report by sending a letter to a credit reporting bureau.When you receive your credit report you should carefully review it. You have the right to respond to a negative entry on your report, to have errors corrected, or to have your response made part of your credit report.



A credit report helps the Fair Credit Reporting Act to include information on where an individual lives, where he lives or if he has been sued. A credit report service can give the person a free credit report to fill in the information and send it.



No, judgments typically remain on your credit report for 7 years. I work in the industry and can see judgments on peoples credit that have been there since the late 70's. It is all public record and will never complete go away until a satisfied judgment is certified and recorded with your local court house.


Charge offs and defaulted accounts will generally stay on a CR for seven years from the DLA. It is possible for the creditor to sue for monies owed, and if a judgment is awarded, it will be entered in the public records portion of a CR and will remain for seven years, often longer. A debt could conceivably state on your credit report until it is paid off. Negative entries on your credit must generally be removed after 7 years. Bankruptcies state on your credit for 10 years.



If a derogatory item has been removed from your credit report, it should not show up again if the situation was resolved. Contact the credit bureau and ask that it be removed.


If it has been more than 7 years, it shouldn't be on your credit rating at all and should not be resubmitted. You should dispute any resubmitted information with the credit bureaus in writing under the Fair Credit Reporting Act.


* The question is a little vague, however here's what I can say: IF, and it should have been, the repossession was first put on his credit report 7years ago then no. Any negative credit - excluding bankrupcy - by law must be taken off your credit report after 7years of its last active date (this is either when it was put on, or when you last paid it).


If this car has never been repossessed after eight years, it has still been charged off as a bad debt and will remain on your credit report. Lenders can follow you for the deficency balance as long as they wish to refile it. If it had been repo'd, usually after seven years it is dropped from your credit report if there was no unpaid balance. You will have a hard time getting another vehicle financed in your name. Get a copy of your credit report from the three majors, and see how it looks. You would have been wiser to surrender the vehicle and take your knocks early rather than hiding it.


You pull your credit report at credit report .com and as long as it has been seven years you can go online to dispute it. It should say dispute just push the button or call to dispute it they should have a number for each credit report which concist of three separate ones.


Judgments will remain on a credit report for the required 7 years regardless of the status.


Yes. In fact, if you are denied credit based on something in your credit report, you have a right to a free copy of the credit report that shows the unfavorable information. There should be a procedure in the denial telling you how to get the copy of the report. Additionally, credit reporting agencies are required to provide one free credit report annually. Since there are three different credit reporting agencies, I recommend that you request one every 4 months, and cycle through them. Check out http://www.annualcreditreport.com/. Don't be taken in by the credit monitoring services that cost ten or twenty dollars PER MONTH like "freecreditreport.com", which is anything BUT free.


When you examine your credit report, you will see the inquiries that have been made and by whom. There are limitations to who can pull your credit report without your permission.


If it has been 19 years and something is still showing on a credit report, you can request to have it removed. Contact the three credit reporting bureaus and ask all of them to remove it for you.


Yes, each inquiry lowers your credit score. You can pull your own credit report for free at www.freecreditreport.com from all 3 credit agencies and it does not affect your credit score. Also if you have ever been denied credit for any reason, you can request a credit report for free.


Once it's been reported, it's very rare that it will be removed. If it was a valid debt that went unpaid, it should be on your report. But it should show as paid. If it doesn't, then you need to dispute it with the collection agency.


A credit report will show that an account is either active or settled. If the account is settled, it means that it has been paid and is closed.


It will be harder to get any loans, credit cards or a mortgage as your credit history has not been good.


If you have been turned down for credit recently you are entitled by law to get a free credit report from the credit reporting agency that supplied the information. Call or write the agency to make your request.


The/Your account is legitimate. Whatever has been reported to the credit bureau's it has been verified as valid.


No, if property has been foreclosed upon the notation will remain on the credit report for the required amount of time of seven years from date of foreclosure. A bankruptcy remains on the credit report for ten years.


If you owe assessments that are unpaid, you are in violation of the financial agreement you made with the association. The association is required to pursue you to collect this debt. You can read your governing documents to remember your obligation to pay assessments, and understand the steps that your association will take to collect your debt. Your board can tell you whether or not this honest debt has been reported to a credit agency.



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