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If your parent added you to a credit card and was then late on payments does this have to remain on your credit report?
Wiki User
∙ 8y ago
This depends on how you were "added". Were you allowed to use the card as an authorized user, or added to a joint account?
In the first situation, it is typical for the bureaus to report the debt on your credit. But, technically, since you never signed a contract accepting liability for any debt, it is not "yours" and you could dispute this. If the latter situation applies to you, then you are jointly liable for the debt and it can show on your credit report for 7 years.
Wiki User
∙ 8y ago
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How long paid delinquencies remain on your credit?
A delinquency usually refers to an account with late payments. The late payments report on the account for 7 years.
How long does a foreclosure stay on your credit report?
A foreclosure will typically remain on your credit report for seven years.
How do you add if you can your apartment rent payments to your credit score?
Your landlord would have to report payments to the credit bureau.
Does Verizon report late payments to credit report agencies?
yes
Which of these is not included in a credit card report?
Utility payments
How long paid delinquencies remain on your credit?
A delinquency usually refers to an account with late payments. The late payments report on the account for 7 years.
How many years will derogatory marks stay on your credit report?
Derogatory marks such as late payments, foreclosures, or collections typically stay on your credit report for 7 years. Bankruptcies can remain on your credit report for up to 10 years.
How long does a foreclosure stay on your credit report?
A foreclosure will typically remain on your credit report for seven years.
How do you add if you can your apartment rent payments to your credit score?
Your landlord would have to report payments to the credit bureau.
Does Verizon report late payments to credit report agencies?
yes
Can a mortgage company continue to report your debt as late after the bankruptcy is confirmed and you have continued to make monthly payments on time?
Payments in the last 12 months are reported on your credit report. The BK 7 and the previously late payments will continue to show on your credit report, but eventually your ontime payments will be the ones showing. You may be able to get a statement that the house was redeemed in the bankrupcy, but all late notices for the past 12 months and/or a notice of foreclosure will remain.
Which of these is not included in a credit card report?
Utility payments
How long will bad credit remain on your credit report?
Bad credit or any negative report will remain in your credit report for seven years. Therefore, if it happens that there is a wrong information that will affect your report negatively, be sure to dispute it immediately. You can also do your own credit card repair in order to eliminate any bad credit that will be reflected in your credit report.
How long does a debt stay active?
Unpaid debt can remain on your credit report for 7 years. If you have a bankruptcy this can remain on your credit report for 10 years.
If you add second person to credit card will it show up on their credit report?
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
If you cosign for a student loan does it show up on your credit report before or after the student starts making payments?
It shows on your credit report even before they start making payments.
How long will credit inquiries remain on your credit report?
2 years
