Apparently, the telephone company received your payment after the due date. Statements usually specify a "Due by" date. If you are mailing in your payments, it is likely you are not mailing it early enough to beat the "Due by" date. You need to mail the payment 5 to 7 days before the "Due date" to allow sufficient time for delivery. Since the telephone company reported the late payment to the credit agency, it is very likely that your payments have been reaching them late pretty regularly.
It will most likely be turned over to a collection agency. Then it will be reported to the credit bureaus which will make it difficult for you to get loans in the future.
You pray to god
No. Once a person is being threatened by a collection agency, there is a high liklihood that the damage to the credit report is already done - a chargeoff or collections transline will already be in your credit report. Having a payment plan merely gets the debt paid and on-time payments are usually NOT reported (however, if you miss a payment, that company can and will send a negative tradeline to further damage your credit reputation).
Generally, late payments over 30 days late are reported to a credit reporting agency. After that, late mortgage payments can become "missed" mortgage payments. And missed payments can affect your credit score in a negative way. However, your exact late payment will depend on how your specific mortgage lender reports payments to the credit bureaus.
dipute it with the credit bearue. they will do a full investigation and you may even have a chance to get rid of the bad credit because it was reported wrong.
Any debt CAN be reported to the credit bureaus. What you need to find out is whether or not these dues WILL be reported. Credit reporting is totally volunatary. There is no law or regulation which compels it. Existing laws only state that if something is reported, then it must be accurate. It is possible, but unlikely, that a timeshare company reports. Delinquent dues may be turned over to a collection agency. A CA is more likely to report their accounts. What I know is that any debt can be reported to a credit agency. I don't know if this is the case of delinquent membership dues. Yes, it can be reported to a credit agency as delinquent membership dues can be treated like debts.
Yes Once a collection account is reported to your credit history, its origin no longer matters. If money is owed and it gets listed with a credit reporting agency as a collection account, it affects the main factor in your credit score: Payment history. See www.myfico.com/CreditEducation/WhatsInYourScore.aspx for details of a FICO score.
The lien can be reported to a credit reporting agency.
Yes.
They don't do anything. Failure to pay bills causes credit to be reported badly and your credit score to go down. All a collection agency does is go after you for the money.
by contacting a credit agency, or the attorney's general
Yes, unpaid medical bills will be reported to credit bureaus not to mention the collection agency that the medical facility will pursue.