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If a creditor accepts a parcel payment can they report it late the credit agencies?
Wiki User
∙ 14y ago
Yes, it is considered late because you didn't pay the full amount due. Plus, they can add late fees on as well.
Wiki User
∙ 14y ago
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What if something is missing from your credit report that could raise your credit score?
Need to contact the creditor to find out why they are not posting to the Credit agencies.
Can a creditor refuse to accept a check as payment?
Yes ... why would a creditor someone even consider taking a credit card payment from someone who has a history of not paying their credit card bills. Think !!!
What does it mean when it says credit revoked by creditor?
It means that you can no longer purchase goods on credit. You will have to make payment for the items you get immediately.
What does the term minimum payment mean?
That is the smallest possible periodic payment to a creditor that is necessary to keep the credit account in good standing.
How do credit reporting agencies collect information?
Credit reporting agencies collect their information from several sources including direct investigations, trade creditor and banking connections, and public and insurance records
How bad will a rep hurt your credit?
A repossession will remain on your credit for seven years, which will decrease your credit score. You should work out a payment arrangement with the creditor to avoid it.
Where do credit reporting agencies collect their information from?
Credit reporting agencies collect their information from several sources, including direct investigation, trade creditor and banking connections, insurance records, and public records
How do you get a judgment listed as satisfied on your credit report?
Your creditor should do it. If not, go to the credit reporting agencies and try a dispute. www.annualcreditreport.com This is free. No subscription tricks.
What if you are thirty day late on a payment?
The creditor can charge you a late payment fee and report you late to the credit bureaus. One 30 day late payment can lower your credit score 90 points and cause you higher interest rates and cost you more money in the future. You can try to contact your creditor and ask to have the late payment removed if you have paid on time. You can also dispute it to the credit bureaus and try to have it removed that way.
If a US creditor is not reporting a credit card to the three major credit bureaus because of a foreign address will delinquency in payment also stay off of one's credit report?
ANSWER That is correct. If the creditor is not reporting to the major bureaus there is no report... good or bad.
Can wages be garnished for non payment of credit card bills in Florida?
If your creditor has obtained a judgment against you, yes.
Can a credit card garnish your wages in Florida if you are single with no dependents?
Private business cannot garnish your wages. The federal government, state and local government agencies can. Basically, garnishment must be by court order. Thus, the creditor can opt to sue for payment.
