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I have an outstanding debt that will roll off my credit report in 2012. If I settle on it will it still roll off in 2012 or 7 years from the time I paid the debt Is it best to pay in full or settle?
Wiki User
∙ 14y ago
First of all if your going to do something you should do it before the year 2012 just some advice, but the end is near. Find a way to settle your debt but do it soon. Afterwards you need to repent. Hope i helped :)
Wiki User
∙ 14y ago
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If a credit card is not activated does it still reflect on your credit report?
Yes. If they extend the line of credit to you, and you do not activate it, it will still show up on your credit report.
Is there still a past due amount on your credit report after foreclosure?
The foreclosure will be on your credit report indefinitely.
If a credit card company says you owe them money but it is not on your credit report do you have to pay?
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
Should you still pay a charge off if it is off your credit report?
All depends on how old it is, some choose to walk away if the debt is beyond the SOL for legal recourse, or close to dropping off of the credit report. If that's not the case, some choose to negotiate and settle the debt for as much as 50 to 75% of the balance.
If you have good credit history with some credit cards will they still show that on your credit report and that you paid on time after filing chapter 7?
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
What does it mean when an outstanding account balance is closed on your credit report and the balance is shown as zero but you did not settle the debt from four years ago?
Most likely the credit card company wrote off the debt. However it will show on your credit as a write off, and your credit is still negatively affected by this. You did not receive a get out of jail free card.
If after ten years the repossed car is still on your credit report do you have to pay the loan back?
i repo in six states and as far as i know it will stay on your credit report until you settle your debt to the lien holder
If a credit card is not activated does it still reflect on your credit report?
Yes. If they extend the line of credit to you, and you do not activate it, it will still show up on your credit report.
Is there still a past due amount on your credit report after foreclosure?
The foreclosure will be on your credit report indefinitely.
1099 c is received and the debt is cancelled Does it still remain on your credit report?
If 1099 c is received and the debt is cancelled means that it still remains on your credit report.
If a credit card company says you owe them money but it is not on your credit report do you have to pay?
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
Can a civil judgment be removed from credit report?
AnswerIf it was true and accurate, no. maybeThat is often state dependant, but you should be able to have it removed once the debt is paid. If it is not paid yet, it is considered outstanding debt, and will stay on your credit report. No a valid judgment will remain 7 years or indefinitely if the judgment creditor chooses to renew it.If a judgment is paid or settled the entry will reflect such, but the judgment will still remain on the CR for a minimum of 7 years.YesOnly the court or the credit bureaus can remove judgments on your credit report. You can dispute anything on your credit report to the credit bureaus that you believe to be inaccurate or erroneous.
Should you pay off 6 year old debts?
If the last time these accounts reporting to you credit report, then leave them along, they probably will come off the credit report in the seventh year. If the account is 6 years old but is still reporting currently as a delinquent account, then you may want to look into settle this debt.
Should you still pay a charge off if it is off your credit report?
All depends on how old it is, some choose to walk away if the debt is beyond the SOL for legal recourse, or close to dropping off of the credit report. If that's not the case, some choose to negotiate and settle the debt for as much as 50 to 75% of the balance.
If you have good credit history with some credit cards will they still show that on your credit report and that you paid on time after filing chapter 7?
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
Your credit report shows a collection with a DLA of 0502 is this still valid?
If you are responsible for that item, then, yes, it can stay on your credit report--probably indefinitely.
Its been 19 years and something is still on credit report?
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.
