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If you pay the full amount on a car repossed will it still show on your credit?
Wiki User
∙ 14y ago
The best thing to do nowadays is, when you pay off anything that may have been put on your credit report, call the major credit bureaus such as Equinox, Transunion and show them proof that you've paid it off. There's a good chance they will remove it from your credit report or at least show that you have a zero balance.
Wiki User
∙ 14y ago
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Are you liable for the amount you signed for or the full balance on a credit card if you are an authorized user only?
If you're only an authorized user on a credit card, you don't directly owe anything as far as the credit company is concerned. However, you can still be sued by the individual who has the card account.
If a collection agency is after a small amount of debt and you pay that amount in full how will this payment improve your credit score?
It can improve your credit score a little, but to make the best improvement possible contact them and negotiate to have them remove their listing on your credit reports completely in exchange for your payment in full. This will help your credit FICO score the most.
If you had a car loan that included a 4000 credit card debt and the car was repossessed and there is a 13000 deficiency do you have to pay the full amount or do you have any recourse?
Yes, you still own the debt.
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.
Is the child tax credit a refundable credit?
It can be. The Child Tax Credit is 2 parts. The first is non-refundable and can only reduce the tax to $0. If the full amount of the credit (generally $1000 a qualifying child) is not used, it becomes the Additional Child Tax Credit and the amount of refundable credit is calculated on Form 8812. The amount that can be refundable will depend on the wages and other income on the return.
Can you get a bankruptcy removed from your credit file if the full amount owed was not correctly reported in dollars and cents?
A bankruptcy is "on" your credit report the instant you file it and will not be removed for 7-10 years. Its a public record. If you dismiss the bankruptcy the day after filing, it will still show up.
What is the journal entry for amount received for 50 percent sales?
At the time of actual sales[Debit] Accounts receivable (full amount)[Credit] Sales revenueWhen half amount received[Debit] Cash / bank (half amount)[Credit] Accounts receivable
What does it mean when an accout on your credit report says closed but there is still a balance?
One of two things. First, you still owe the money. but you can not use that credit account anymore. or Second, you have paid off the account and the creditor has not notified the credit bureaus that you have paid this account in full. If it is paid in full, I suggest you notify the credit agencies.
How is a home equity line of credit determined?
The Loan to Value LTV. [ Total loan amount of the 1st and your proposed 2nd as a percentage of the appraised value ]. Your credit score is the most importaint depending if you are Full documentation or Stated income. 720 and above would be great middle credit score. If your credit score is below this you can still do it but your rate will be higher unless you have a great amount of value in your home. Less than 75% LTV would be great to offset a lower credit score. Credit. Loan to Value.
Is maximum amount of advanced sick leave a full-time employee may have to his or her credit at any on time.?
240 hours
How can you select to pay the full amount when its not due yet?
Go online to the credit card site or mail in the balance to the company.
Do you still have growing interest when you close a credit card account to pay it off?
If there is A ballance still owed on it then the interest is still being billed to the ballance, If you have not closed the card account,,,,,,,,,,,,,,,,,,,,,,,,,,,,DO NOT CLOSE IT UNTILL ITS PAID IN FULL. That is terrible for credit score.
