Stays on your credit rating for 7 years. Has a very negative effect.
Negative impact to your credit score, and your car could get repossessed.
If an account has a credit balance the customer must have overpaid on their account or a credit was issued by the company and posted to the customers account, resulting in a credit or negative balance.
You need to contact creditsweep.net
There is a credit due back as a refund.
Cars repossessed laws in Canada a vary by provine.Whether your car will be repossessed depends on such factors as the province you live in and how for behind you are with your payments.Vehicle repossessed is negative impact on your credit rating. If you want more information email me at email@example.com
You end up with HORRIBLE credit if you don't pay your bills and you let your possessions get repossessed.
As accounts payable has a credit balance as normal balance so it has credit balance until not paid but it may have debit balance as well in case when payment is made for more than actual accounts payable which create negative balance or debit balance.
No, because you have your own separate credit report.
Any negative cash balance represents float. It could represent the total amount of checks outstanding, checks generated and not mailed, or an unreconciled line of credit. Basically, negative cash should be booked as additional accounts payable or an increase in the outstanding borrowing on the line of credit.
Yes, however you can easily take care of this and have your credit reports corrected.
yes it has a 10 year limit