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How long does it take to reflect on your credit report when you pay off a debt?
Wiki User
∙ 13y ago
Depending on how soon the reporting collectipn agency notifies the credit bureau, and then I think the bureaus update the first of the month
Wiki User
∙ 13y ago
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How long does a debt stay active?
Unpaid debt can remain on your credit report for 7 years. If you have a bankruptcy this can remain on your credit report for 10 years.
How long does it take for credit report to reflect paid off accounts?
Ur momma!!
If a delinquent account was never reported and it suddenly appears on your credit report 5 or 6 years later are you still responsible for that debt?
A consumer's responsibility for a debt is a separate issue than credit reporting. If you owed a debt 5 or 6 years ago, and never paid it, you still owe it. There is a statute of limitations for how long a debt can be collected, another for how long a consumer can be sued over a debt and another for how long a debt can show on your credit report.
How long can a charged off debt stay on your credit report?
7 years from the date of first delinquency
How long does an unpaid collection account stay on your credit report?
If the debt originated after December 1997; it may remain on your credit report for 7 years plus 180 days from the last time it was paid on time.
How long credit card debt stay on credit report?
seven years
How long does a debt stay active?
Unpaid debt can remain on your credit report for 7 years. If you have a bankruptcy this can remain on your credit report for 10 years.
How long does credit card debt stay on your credit report?
7 Years from the DLA.
How long do debt liens stay on your credit report?
Seven years
How long does cancellation of debt stay on credit report?
Most of the time cancellation of debt will remain on your credit report for seven years. If the cancellation of debt is associated with a bankruptcy, it may take 10 years.
Repo how long will it take to get on credit report?
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
How long does a credit card company have to sue you for unpaid credit card debt?
as long as it remains a part of your credit report, 7 years.
How long does a debt judgment take to land on credit report?
5 months
How long does a settled debt stay on credit report?
7 years from the DOFD
How long is bad credit on credit report?
7 to 11 years depending on debt to earning ratio
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.
How long does it take for credit report to reflect paid off accounts?
Ur momma!!
