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If a car dealership pays off your auto loan on a trade in how long does it take to reflect on your credit report?
Wiki User
∙ 18y ago
It should appear within 30 days..After 15 days from the time the dealer takes in your trade, you should contact your financial institution to confirm they have received payment in full...If not..Contact the dealer to find out why they have not paid the debt.
Wiki User
∙ 18y ago
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Can I trade in my car if I am behind on payments?
You absolutely can trade in your vehicle even if you are behind on your payments. When you trade a vehicle in the dealership you are purchasing from pays off your previous loan in full, so being behind on your payments will not affect anything other than the total amount due on your car. Of course when the new dealership runs your credit report it will probably reflect that you are currently behind and will also show how many months you are behind.
When adding an old trade line to your credit report will this help raise your credit score?
ANSWER: If the old trade line was in good standing, yes.
Where is it possible to get a consumer credit report?
It is possible to get a consumer credit report at the Federal Trade Commission. The credit reports are free and a person can ask a free copy of the credit reports once every 12 months.
If an account was charged off and removed from your credit report after 7 years can another company buy the account and place it back on your credit report?
No, it is illegal, and if you are a victim of this, you can have it removed from your credit report by disputing it with the bureaus. After the statute of limitations is up on any trade line, it can not be placed back on your credit report.
When will a 30 day late show on a credit report?
When you creditor updated your trade line
Where can I get the form to request a credit report?
Each credit reporting agency has their own form to request a credit report which you can find on their website. Each person is entitled to at least 1 free credit report per year per agency with some states allowing more. The Federal Trade Commission offers free forms to request a credit report.
Where is the information on the free credit report scams?
The Federal Trade Commission's Consumer Information division has a list that details the legitimate, and fraudulent, free credit report offers in the United States.
Are tradeline illegal?
Reportedly, buying trade lines is illegal. A trade line is something that will make a credit report look better. According to the Fair Credit Reporting Act, this is illegal.
How long do trade lines stay on your credit report?
untill i dk im trolling u
How do you go about removing listed unknowns from a credit report?
Under the Fair Credit Reporting Act, you have the right to get a free copy of your credit report and dispute unknown or inaccurate entries. The Federal Trade Commission maintains a very informative website on how dispute errors in your credit report: http://www.ftc.gov/bcp/conline/pubs/credit/crdtdis.htm
How can you know which credit cards you have under your name?
The simplest way to get this information is to pull your own credit. Each credit card along with other debts you have will show up as a "trade line" on your credit report. Keep in mind that new credit cards will sometimes take up to 60 to show up on your credit report.
If your identity was stolen how do you get the false aliases removed from your credit report?
To remove false aliases from your credit report after identity theft, contact the credit reporting agencies (Experian, Equifax, TransUnion) and provide documentation proving the aliases are incorrect. You may also need to file a report with the Federal Trade Commission and place a fraud alert on your credit report. Be diligent in monitoring your credit report for any further suspicious activities.
