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that it has been closed by either you or the company- either way it shows as a negative in your report

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โˆ™ 2005-10-10 01:30:37
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Q: What does it mean when an unpaid account is closed on your credit report?
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Report an unpaid bill to credit bureau?

How do I report an unpaid bill to a credit bureau?


Is a financial association created on your credit report when two people apply for any type of joint financial account?

Yes, anytime you open a new credit account, even if it is a joint account, it is reported on your credit report either when it is opened or when it is unpaid.


How long do unpaid traffic tickets stay on a credit report?

Unpaid traffic tickets are not reported to the credit bureaus.


Can an unpaid ambulance bill hurt your credit?

Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.


If an unpaid account on your credit report is paid does that improve your score?

Not by much. It's more important to your score to pay it in a timely manner.


If you stop paying on a collection account that no longer shows on your credit report can the collection company report the unpaid balance to the credit bureaus?

Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.


How long does an unpaid collection account stay on your credit report?

If the debt originated after December 1997; it may remain on your credit report for 7 years plus 180 days from the last time it was paid on time.


How many points are taken off your credit for an unpaid account?

You can expect at least 10-15 point off of your credit score with an unpaid account. Remember the older the account the less it will affect you.


Is any credit balance in a vendor subsidiary account an unpaid balance owed?

Any credit balance in a vendor subsidiary account ia an unpaid balance owed?


Is a Credit balance in vendor subsidiary account is an unpaid balance?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


How long are unpaid medical bills on your credit score?

Unpaid medical bills are on your credit score until they are settled with the company that issued the bills or written off of the credit report. This could be for many years if you are making payments on the account or might end more quickly if you have declared bankruptcy.


Is a credit balance in a vendor subsidiary account an unpaid balance owed?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


Is a credit balance in a vendor subsidiary account is an unpaid balance owed.?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


How can you get an unpaid bill put on someones credit report?

Take them to court.


If unpaid medical is not on your credit report can they charge you for it after the fact?

Yes. Some institutions/businesses do not report to credit bureaus. The debt not being placed on a credit report does not mean it is not completely valid and collectible.


If a creditor reports an upaid bill on your credit then sells the account to another creditor can they report the same unpaid bill on your credit?

Yes, they can. But, usually it can be removed by the credit bureau once its proven to be a duplicate entry of the same debt.


How will settling credit card debt affect your credit score?

It will raise your score slightly. If you don't settle a delinquent account, the verbage on your credit report may read: "collection account", or "unpaid collection account". However, if you settle, the report may read "settled". By settling with the debt collector, you have made an attempt to fulfill your financial obligation. Therefore, your score will raise slightly.


How long does an unpaid tax lien stay on your credit report in Pennsylvania?

The Fair Credit Reporting Act allows unpaid tax liens to remain indefinitely on your credit report. Paid tax liens may remain for 7 years from the date of payment.


How would breaking a lease on an apartment two months early impact your credit rating or fico score?

If the landlord goes to court to obtain a judgment on the unpaid two months rent, this will show up on your credit report. Any time an account is unpaid, in collections, judgment or late, your credit report will take a hit. This may hinder you from obtaining another apartment as that information may be listed under adverse which can remain on your credit report for 7 years.


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.


Can unpaid co-payments for Hospital bills hurt your credit report?

yes


Are unpaid medical bills for a minor child to show on the child's credit report?

no


How long do unpaid hospital bills stay on credit report?

7 yrs.


What is the definition for an open account?

In finance, an open account is a banking account that has an unpaid amount of money associated with it. The most common unpaid balances on accounts are mortgages and credit card debt.


How long do unpaid medical bills stay on your credit report?

Like other late payments reported to a credit reporting agency, an unpaid medical bill may stay on a credit report for up to seven years.