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Answered 2005-05-16 22:58:37

Many consumers assume that the time to collect a debt corresponds with the time the debt remains on the credit report this is not true. Statute of Limitations laws for debts are enacted by states, some concerning open accounts (such as credit cards), can be as short as three years.

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How to cite a report within a report?

Just give a credit to the report you have added to the main one.

How often are you entitled to a free credit report?

You are entitled to a free copy of your credit report once a year. But you may also receive your credit report for free if you were denied credit or employment within the last 2 months.

How do you remove a false charge off date from your credit report if the date was reset from the original?

You can have a credit dispute, if the agency reporting the bad judgment does not get back with the company disputing the judgment within 30 days, it HAS to be removed from your credit report. Example: I filed bankruptcy(?) on a auto repo. and the company did not take it off my credit report, I had my credit card company do a credit dispute, they did not respond within 30 days, and it was removed from my credit report.

How can you obtain a copy of your free yearly credit report?

You can obtain your credit report, on line ready for printing, at: www.annualcreditreport.com or call 877-322-8228 and your credit report will be mailed to you within 6 weeks.

How long is a credit report good from the time of mortgage application?

The loan will need to close within 90 days of the issue date of the credit report.

Letter to Request a Credit Report?

Get StartedIf you have been denied credit or if other adverse actions regarding your credit have been taken based on your credit report, you may want to obtain a copy of your credit report and verify the information contained in it.The purpose of the Request for a Credit Report letter is to assist you in obtaining a copy of your credit report, particularly if you have been denied credit, employment or insurance within the last 60 days. The credit report tells how you have managed credit in the past and companies examine your credit report before deciding whether to give you new credit. You can request a copy of your credit report by sending a letter to a credit reporting bureau.When you receive your credit report you should carefully review it. You have the right to respond to a negative entry on your report, to have errors corrected, or to have your response made part of your credit report.

Federal Law Requires One Free Credit Report?

The Fair Credit Reporting Act requires the credit bureaus to give you one free credit report for several reasons. You have found incorrect information in your credit report that has led to credit being denied. You are receiving public aid. Your credit report has fraudulent information leading to errors. Presently unemployed, you hope to get a job within 60 days upon your request for the credit report. On top of this, the law requires that for every year, the credit bureau must comply and furnish you one credit report. It is your right.

How long does a credit report take?

If you do it by mail then within a week. If you do it online then it's instant.

Where can a free copy of a recent credit score be obtained?

A person can get a free copy of their credit report score from Annual Credit Report. A person can request that information by phone or by letter, which should arrive within two weeks.

How long takes to affect your credit the late payments on your house?

The lender is likely to report this to the credit reference agencies within a week of the default

What is an open account listed on a credit report?

Open Account - account listed as "open" on your credit report are accounts that are open, includes all accounts that have been reported within the last 90 days.

How often can you get a free transunion credit report?

Transunion offers a 7 day free trial within which you can check you credit report as often as you wish. After this initial period a monthly subscription charge applies.

Does a eviction take under six months to show up on your credit report?

An eviction my never show on your credit report. It may show within weeks depending on the time of submittal. Generally credit reports are updated four times ayear.

The Unemployed Are Entitled to a Free Credit Report?

If you have been unemployed, under federal law you can get a free credit report. The law specifies that you can get one free credit report every year. It also says that if you are planning to seek employment within 60 days, you are also entitled to a free credit report. When you request the report from one of the credit companies, you must show evidence that you have been unemployed. This is none by sending a copy of your unemployment check or a similar document showing you are not working.

If you pay off an enormous credit debt within a year will it be completely off your credit report once it is paid off?

Every credit company and lender is required to repost to the credit bureaus monthly so it will show a zero balance within a month of paying it off but it will not be completely off you credit report. It will still show the company and original balance of the loan but it will show that the balance is at zero and when it was paid off.

Can you request your credit score after a company pulls your credit report?

Absolutely. You can request your credit report anytime you want. If the company that pulled your credit report denied you the credit you sought, by law, you can get a copy of your credit report free if you request it within 30 days of the denial. You are also permitted to get all three of your credit reports once each year free of charge. If you have not requested your free credit reports in the last year, you may call 877-322-8228 and request them. They will arrive in 7 - 10 business days after your order. Understand that these are your credit reports only. They will not include your credit scores. They will only include the subscribers that report to the credit reporting agencies and what they reported about your financial behavior with them.

Is debt settlement bad on your credit report?

Debt settlement will have some bad effect on your credit. When a debt is settled for less than its full value, the creditor will note that on your credit report. The damage is much less than you'd experience with bankruptcy or default, and in most cases your credit will improve within a couple of years.

How long does a collector have to report that a collection account has been closed and or settled?

Typically these types of actions can be seen on your credit within 30-60 days. There are no laws or rules that requires a credit reporter to immediately post "closed" or "settled" to an individuals credit. Most just report data to the credit bureaus once monthly.

How to clean up credit report after bankruptcy?

Keep in mind that a bankruptcy will affect your credit score. What you must do now is add good credit e.g. secure credit cards and maybe a secure loan will increase your credit score within 2 years. Your credit scrore primarily judge consumers on what they have done within the last two years. If you add good credit, your score will increase.

Where can you check your credit report?

Every person in the United States is entitled to a free copy of their credit report from all three (3) credit bureaus once per year. By going to annualcreditreport.com, a free website sponsored by the three (3) credit bureaus, you will be taken through a series of identity verification questions and will eventually be presented with a printable version of your most recent credit report. If you have already gotten your annual credit report(s) within the last year, there are many services out there which you may pay to get the most recent ones.

If you paid off two credit cards yesterday can you get results on your credit report quickly a mortgage lender mentioned something about a Quick report?

Yes, it is called rapid re-score and it can be done within 72 hours. Make sure you do not close those credit card accounts because it will affect the credit score greatly.

How do you fix it if the name on your credit report is wrong?

You can call or go online for the credit bureau incorrectly posting the information and request a dispute form. On that form, you'll list the incorrect item and change it to the correct inromation. The change should appear on your credit report within 30-60 days.

Do you have a right to know what is in your credit report?

The law says you do. The FCRA says you are allowed to have 1 free credit report from each credit bureau every year. If you want more than that, you can purchase them or dispute something on your credit report and you will be furnished with a new one. Yes. Anyone who takes action against you in response to a credit report supplied by a Consumer Reporting Agency (CRA) � such as denying your application for a credit card, loan, insurance, or employment � must give you the name, address, and telephone number of the CRA that provided the credit report. The CRA must tell you everything in your credit report, including medical information, and in most cases, the sources of the information. The CRA also must give you a list of everyone who has requested your report within the past year � two years for employment-related requests.

If you pay a collection how does it show on your credit report Will your credit score improve?

It should show paid on your report. It may still show that it was a delinquent account. When you pay it off, be sure to get a receipt. That way if someone looks at your credit and asks you about it, you have proof that it's paid. The update can occur within one day.

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