Challenge your employer on this question. Much to my surprise my corporate American Express card was on my credit report. Fortunately it showed 40 months of on time payments. The plastic card has my name, but the over all account is in my bosses name and the bill goes to accounting. I never see it. Nobody here, including the owner and the head of accounting realized this was how it worked until I showed them my credit report. So your company may not know either.
No. It will show on a credit report as an account closed due to inactivity. It has no effect on your credit score.
When you hire a consolidation company to help you with your debt, you are basically telling the other creditors that you can not pay the minimum due and that you have to lower the interest rate. You will have a low credit rating on your report and if you want to apply for new credit, you can't.
Lost/stolen card notations should not have any effect on a consumers' credit score, provided that the accounts are properly notated.
A misconception is that if a person views his or her credit score, it may go down. That is not true. The reality is, the score can be affected if other company make excessive requests for a person's credit information.
Thier actions, or lack, do not effect your ability to file for bankruptcy.
Many lenders look at credit counseling as a bankruptcy. If you have debt that is managed and paid by a CCC and the agreed upon repayment schedule is being met then it should not effect your credit score. However, if you plan to buy a house, most mortgage lenders will turn down borrowers in credit counseling.
yes, if the company reports to the credit bureaus. You may want to contact your cell phone customer service and ask whether they report your credit with them.
Usually, they contact the cc company. Negotiate a lower rate. You pay the settlement company directly instead of the cc company. The effect varies depending on the cc company and the credit report company. It may say that the account is in some type of deliquency despite the fact that you are paying it off. It may just say the account is closed and show your balance (which still lowers your score because it increases your debt to credit ratio since you have a balance despite no credit available.) It won't be horrible on your report though. You can still have good credit despite doing this.
A short sale will effect your credit score in a negative way. Your credit score will stay on your credit report for some years.
Only when the bills are turned over to collections. An ISP probably will pull your credit report, just as a cell phone company would, but an Internet account is not a credit account.
Yes. The new laws will affect any credit card company. They do not totally go into effect until Feb. 22, 2010. You can read all about it at the article in the related link as it contains details of both the good and the bad parts of the laws and how they may backfire for responsible users of credit.
if someone looks into your credit report, yes it will effect your credit score. it will reduce between 3-10 points.
If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
It all depends on the employer, usually after seven years a bankruptcy is clear from your record, even though someone has a bankruptcy in their record they can try to get credit to begin to improve their credit.
No. The next time a creditor or employer sends in data to the 3 credit agencies or requests data from them your new name will appear as a "variance" or aka along with all names you have been known by in the past (if they were reported). This won't affect your score but may cause a mortgage or auto loan company to request a statement of your identity to clarify.
yes it does fight it and do not allow them to lower it advise them that if that happens you would consider closing and find a new bank. ***JUDE KAGABINES LEXINGTON SC
Companies will look at your credit report to see how responsible you are with your loans. If you didn't pay back, or we're late with a loan on one company, then another company you might want a loan from might not take the risk. The opposite is true if you are responsible with your loans. Also your credit score will drop down, and if you waste you money on useless items/things, then you will have bad credit.
When you have a lien it shows on your credit rating, this is because money is owed to someone and not paid, also if you want to sell your house the lien would have to be paid off first, it also remains on your credit rating for 7 years.
Notify the Credit Card Company IN WRITING - NOT VIA PHONE OR INTERNET of the date of your divorce (they'll probably want you to send them a CERTIFIED copy of the divorce decree).
There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
The credit score can effect mortgage rates in a lot of differnt ways. If someone has a high credit score he get a lower mortgage rate and if someone has a low credit score he gets a higher mortgage rate.
J1 visa and the bad credit
will bankruptcy increase you credit score over time