answersLogoWhite

0


Best Answer

Actually, the debt (as long as it isn't a bankruptcy or judgement) should be removed from your report 7 years from the date of delinquency. Many collection agencies will wait months, sometimes a year + to put a negative item on your credit report. This way it will effect you longer, and you will be more prone to pay off the debt in the future.

If this happens, dispute, dispute, dispute!!! Dispute everything on your report, especially the items that have been incorrectly reported.

I recently had a few items removed completely from my report because I disputed the dates, and the creditor couldn't provide ANY form of documentation to support I even had a debt with them.

Also, there are statues of limitations in some states on debt collection. How long is too long before someone can file a judgement, ect. For example, in Texas that limitation is 4 years for debt collection.

See: http://www.badcreditmd.com/statuteoflimitations.html

User Avatar

Wiki User

โˆ™ 2013-02-25 01:08:05
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: How long will bad debt credit cards stay on your credit report if you haven't made any payments on them and they have been in collections for over six years now?
Write your answer...
Submit
Sign up for more answers

Registered users can ask questions, leave comments, and earn points for submitting new answers.

Already have an account? Log in

Related questions

How do you add if you can your apartment rent payments to your credit score?

Your landlord would have to report payments to the credit bureau.


Does Verizon report late payments to credit report agencies?

yes


Why can a credit card company lower your credit limit without your consent?

The CC Company may have seen an increase risk when they saw on an updated credit report/score. It could be a late payments, collections or any other derogatory item on your credit report that triggered it. The CC have the power to limit or increase your credit limit to lower their liability.


Which of these is not included in a credit card report?

Utility payments


Can Court collections be removed?

Collections can be disputed to the credit bureaus using the Fair Credit Reporting Act. The credit bureaus have 30 days to verify the listing or the listing must be removed from your credit report.


If you cosign for a student loan does it show up on your credit report before or after the student starts making payments?

It shows on your credit report even before they start making payments.


How can you get years of rental payments to be filed in your credit report?

you can't


Can your Contract For Deed payments be added to your credit report?

99999


Why if I am paying monthly payments on medical bills are they on my credit report?

If the bills were overdue and you are making payments as the result of being 'dunned,' and the bills are not yet paid in full, it will reflect on your credit report.


What happens when a medical bill goes to collections?

At its discretion, the medical biller will report to one or more credit reporting agencies that the debt has gone to collections. The collections agency will report it, as well - also at their discretion. You can negotiate for payment with the collections agency.


Can late payments come off your credit report?

Yes late payments can come off your credit report. They can be removed by either the original creditor that put it on there or by the credit bureaus. You can dispute late payments on your credit report with the credit bureaus using the Fair Credit Reporting Act. The FCRA requires the credit bureaus to contact the creditors to verify the late payment. If the late payment isn't verified it must be removed.


Does paying your cell phone bill on time help your credit?

It can't hurt your credit. Most all cell phone providers do NOT report your good on-time payments but will report late payments.


Is it illegal to put overdue medical bills on a credit report?

No. Overdue medical bills, like other debts incurred, can appear on a person's credit report, especially if they go into collections.


What should you do to get paid collections off your credit report?

If the account is legitimately yours, then you cannot legally have it removed from your credit report. However, if you paid the collection account off, it should be reported as paid on your credit report. Still, the accounts will not be removed from your credit report for 7 years.


If you have a prepaid Go phone will the payments show up on your credit report?

No.


Do late payments on utility bills go on credit report?

Not in UK


How can on time rent payments be reported to a credit bureau?

Only clients of a credit reporting agency may "report" credit information. Rent payments, therefore, are typically excluded.


Is it true that settlement collections are reflected on your credit report for more than seven years?

No


How do you remove collections from credit report?

You can remove collections from your credit report by disputing them to the credit bureaus. The credit bureaus have 30 days to verify your collection with the collection agency or it must be removed from your credit report.


If a landlord doesn't run your credit ever to move in can they send a report to credit collections if you don't pay rent?

Yes.


Can late payments be removed from your credit report?

Yes, late payments can be removed from your credit report. Under the Fair Credit Reporting, any consumer can dispute anything on their credit report they believe to be erroneous or inaccurate. If you fall under this category, send a dispute letter to the credit bureau asking for verification on the account, they have 30 to days to verify it or it must be removed.


Is it true that medical collections cannot legally be placed on your personal credit report?

if they are in your name, yes they can


What can you do about a mortgage company that does not report your on-time payments?

Call the mortgage company and ask why the payments are not being reported (its illegal to NOT report payments) Further, you can call the credit bureaus, and they will request the information from the mortgage company. Realize, that in some instances credit reporting can be suspended.


How many missed mortgage payments before it is placed on your credit report?

One.


What are acceptable explanations for late payments on a credit report?

There are NO acceptable excuses.