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Your credit history is exactly that... a history. Paying off your debts is certainly beneficial, but it won't immediately and completely wipe out any prior dings.

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15y ago

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Related Questions

How do you clear your credit report?

The short answer is the only answer one. You have to pay your debts off.


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.


Do you have to pay credit card debts if your name has changed?

Just because your name has changed doesn't mean that you don't have to pay credit card debts. They are still your debts to pay.


How do you raise your credit score fast?

The best way to quickly raise your credit score is to pay off all debts. Another thing that will help it to not drop is to pay debts on time.


What should you do if you have a lot of credit card debt then moved from the US to Europe and a credit card company starts to call you?

Pay off the debt. Pay the debts that you owe. Don't you feel responsibility for the debts that you incur?


What happens in Pennsylvania if you can't pay for your credit cards?

If you are unable to pay debts, depending on how much money is involved, you may have to declare bankruptcy or liquidate your assets to pay off debts


If there is money in estate do you still have to pay credit card balance?

Yes, the estate has to pay off the debts including credit cards. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.


Credit card debts in estate?

The estate has to pay all of the debts, including credit cards, if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


How can someone improve a poor credit rating?

A person's credit rating can be improved by paying off old bad debts or unpaid bills that may be affecting your credit rating. Some companies will give people with poor credit a credit card to clear all old debts and consolidate their debts into one payment.


What is the best way to reduce credit card interest rate?

Pay off your debts.


Do adult Children have to pay the credit card debt after the death of last parent?

The estate is responsible for the debts of the deceased. If there are any assets they must be used to pay the debts. If not then the creditor is out of luck.


What are the penalties for not paying credit card debts?

your creditor will give ur case to credit collection agency...and if if u dint pay can b taken to court where magistrate can ask u to pay fine and all the debts including court admin charges