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No. Paying a derogatory item from 1999 cannot extend the reporting period, which is established by the Fair Credit Reporting Act as 7 years from the month and year you last paid the account in a timely manner.

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โˆ™ 2005-09-26 14:21:34
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Q: If you find a bounced check from 1999 on your credit report would paying it make it show up on your credit report for another 7 years?
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Related questions

What is the meaning of a credit report?

a credit report indicates your history of generating and paying debts on time.

Does paying car insurance monthly build your credit?

Paying your insurance premiums do no report to any credit reporting bureaus.

Can you report a debt someone owes you to the credit bureau if they are not paying?


If you stop paying on a collection account that no longer shows on your credit report can the collection company report the unpaid balance to the credit bureaus?

Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.

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 you get another credit card if you owe another?

Yes, you can. Many places will give you a credit card without paying that much attention to your credit report. But be warned, if you're getting yourself deeper into debt, your assets and possessions might be at risk.

Does paying a judgment improve credit report?

Yes it does. It shows that eventually you do pay.

How long does it take after paying off a credit card for it to show up on your credit report if you are going to apply for another loan?

about 30 days, but don't close the card just yet that will have a negative impact on your credit score.

Collector effect credit report?

if you owe bank and is in the processes of paying them back but they have not yet sent a notice to the collector debt. Does it show up on your credit report

What is creditibility?

credibility is the trustworthiness given to you by the lenders which is your credit card holder. paying on time and paying in full will make your credibility higher and chances are they will make you get a loan easily because of your credit history. they will check your credit report, so make sure to keep track on your credit report score.

If you pay a debit from your credit report can it be deleted from your credit report?

yes, if you are done paying with itAdditional answerBut if you're late making a payment to settle a debt (credit card, for example) this will be recorded as a default.

What is the purpose of credit report check?

The purpose of a credit report check is to check how a person manages their credit obligations and if they have any history of not paying. If one has bad history then it is more of a risk for a company to give that person credit.

What do credit reporting agencies report and to whom?

Credit reporting agencies report your credit activities, such as paying bills on time, taking out a loan, etc. They keep track of this and make it available to anyone who requests it.

Can paying off your credit card balance in full every month hurt your credit?

Your credit report, credit rating and credit scores do not reflect any difference in paying the full amount on a credit card account or paying the minimum amount. What is tracked and recorded on your credit report is whether or not you pay the account ON TIME. It is a completely different factor to your "bottom line" in the amount of interest you pay. so consider all the facts before you decide how much to send in.

If you haven't paid your credit-card debts in 7 years can you apply for a new card?

When you apply for a credit card a credit report will be ran and those credit cards you haven't been paying will be on that report. So I say no.

Do credit card companies by law have the right to periodically do a credit report on you?

You bet your credit report they do. That is their right ... Banks and Credit Unions will also do this periodically if they so feel inclined. If one is paying all their bills on time and have no delinquent accounts or have their credit cards maxed out, then they should have nothing to fear from a credit report query.

What can you do to help clean up debts on your credit report?

Besides paying your debts off or filing bankruptcy if you are unable to pay off these debts there is nothing you can really do to clear them from your credit report. Most debts stay on your credit report for seven years.

Can I add my name to another person's credit report to increase my credit score?


If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?

No the collection will not be removed from the credit report. They will show it paid in full.

Can your credit be damaged by paying less than what is due on time?

Absolutely. It won't be hurt as badly as not paying, but your credit report usually shows a status that reads "pays as agreed." If you're paying less than the minimum amount due each month, you're not paying as agreed and your credit can get dinged.

Can you get a good loan rate if their are satisfied judgments on your credit report?

Yes you can, it will be based on your credit scores and how you are currently paying you debts now.

Does transferring a debt to another collection agency exend the time it appears on credit report?

No! You need to be careful if considering paying the collection agency. At that point it will start the 7 years entry. Bad credit remains on a credit report 7 years from the last date of activity, in other words, the date you make a payment. Make sure you negotiate a deletion prior to paying any collection account. Source: Credit Bible by Phil Turner.

When paying off a credit card does it hurt to do a settlement exception?

Yes, they will note on your report that this debt was "settled" This does not affect credit score but will catch the eye of any lenders looking at your report.

Why if I am paying monthly payments on medical bills are they on my credit report?

If the bills were overdue and you are making payments as the result of being 'dunned,' and the bills are not yet paid in full, it will reflect on your credit report.

If you have an unpaid credit card in another country what conditions must apply before they can they report the debt to your US credit report?

CRA's in the US, report the credit history of transactions made only in the US. Therefore credit history from another country would not show up on a report in the US. This does not prevent a prospective creditor from requiring confirmation of the person's previous credit history.