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Is it true that creditors cannot report delinquency as long as you pay at least 10 dollars?
Wiki User
∙ 15y ago
No, this is not true. Creditors and collection agencies have a legal right to report any amount owed regardless of payments being made. It is beneficial, however, to negotiate with a creditor or collection agency in this respect. If you agree to pay a certain amount of money each month, they may hold off on credit reporting. Talking with collection agencies and creditors is always advised. It can eliminate stress and sometimes debt!
Wiki User
∙ 15y ago
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How do you get your creditors list?
You can get a list of your creditors by checking your credit report. Most of all creditors will report to the agencies and will have a record.
Does LATE and Delinquency in Credit report mean the same?
Yes.
How often does your credit report update?
as often as your creditors report changes-can be daily
Can creditors remove their accounts from your credit report?
no, it should stay on your credit report for life.
What is financial report?
stockholders creditors suppliers and employees
Could you still get a credit card abroad if you have bad credit rating in UK?
Yes, U.S. creditors cannot see what your credit report looks like in the U.K.
If you pay a medical bill that is reported as a delinquency on your credit report and the bill is less than 100 does it still show on your report for 7 years?
It shoulden't.
How long can creditors report negative items?
up to seven years.
How long can a charged off debt stay on your credit report?
7 years from the date of first delinquency
How long does delinquency stay on credit file?
Generally they can pursue/report for 7 yrs on a debt that is unpaid.
If you want to find out which cardholders are about to have their accounts suspended due to delinquency you would generate a report?
Pre-suspension
What does the acronym DFD stand for in an Equifax credit report?
The information I found states Date of First Delinquency.
