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When will a bad account stay on your credit report if the date was 2012?
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Can a reporting agency change dates on credit report after a dispute?
Yes, the credit reporting agency can update the Date of Last Activity, Date last Reported, etc... But they cannot change the FCRA compliance date, which is the date the account is supposed to come off your credit report.
How do you have a 'forgiven' tax lien removed from your credit report?
The only way to have an account removed from your credit report is: 1. To prove the account was a result of fraud. Or 2. To let the account run the course which is 7 yrs. from the date it was PAID.
What date do they start from to take a charge off on your credit report and how long does it last on your report?
The Fair Credit Reporting Act establishes a method by which derogatory information, like a charge off, can show on your credit report. This time period begins on the month/year you last paid the account on-time immediately prior to its' default. The account may show for 7 years from this date.
How long does a charge off remain on your credit report after paid off?
== == About 7 yrs, but if you respond to any credit inquiries from companies trying to collect any debt, it resets the time period to a new date, and the time starts over again. ONCE THIS ACCOUNT IS PAID, YOU CAN DISPUTE THIS ACCOUNT AND HAVE THE BUREAUS DELETE THIS FROM YOUR CREDIT REPORT. THIS WILL HAVE A POSITIVE AFFECT ON YOUR REPORT.
Why does the collection agency show on the credit report but not the original company?
It is there because they have purchased the account from the original creditor and are proceeding with their prescribed collection procedures. It is a legitimate entry on a credit report, and cannot be removed until the seven year expiration date. Even if the account is paid it will remain on the report marked as such, until the time limit expires.
Can a reporting agency change dates on credit report after a dispute?
Yes, the credit reporting agency can update the Date of Last Activity, Date last Reported, etc... But they cannot change the FCRA compliance date, which is the date the account is supposed to come off your credit report.
How do you have a 'forgiven' tax lien removed from your credit report?
The only way to have an account removed from your credit report is: 1. To prove the account was a result of fraud. Or 2. To let the account run the course which is 7 yrs. from the date it was PAID.
If you have an outstanding child support debt on your credit report what does it mean when your credit report states that this account will be positive in the year 2010?
By that date any delinquencies will be deleted because they'll be considered a write-off on your account.
What date do they start from to take a charge off on your credit report and how long does it last on your report?
The Fair Credit Reporting Act establishes a method by which derogatory information, like a charge off, can show on your credit report. This time period begins on the month/year you last paid the account on-time immediately prior to its' default. The account may show for 7 years from this date.
How long do adverse accounts remain on your credit report?
7 Years, and then they are removed. Under your adverse account, there should be a removal date for each account.
How long does a debt stay on your credit if the amount is not paid?
A debt will stay on your credit report for seven years after the date that you were originally delinquent on the account. After seven years, this debt is taken off of the account.
How long does it take for a credit card to fall of your credit?
credit card information should automatically purge from your credit bureau 6 years from the date of last activity. ie) if you pay your account in full (nil balance) on June, 2012 (DLA=date of last activity) and you do not use the account, the account should purge on June, 2018
How long does a charge off remain on your credit report after paid off?
== == About 7 yrs, but if you respond to any credit inquiries from companies trying to collect any debt, it resets the time period to a new date, and the time starts over again. ONCE THIS ACCOUNT IS PAID, YOU CAN DISPUTE THIS ACCOUNT AND HAVE THE BUREAUS DELETE THIS FROM YOUR CREDIT REPORT. THIS WILL HAVE A POSITIVE AFFECT ON YOUR REPORT.
If a repossession stays on your credit report seven years does that start from the date of the repo or the date of the final sale?
It stays on your credit report 7 years from the date of settlement not the date of repossession.
Why does the collection agency show on the credit report but not the original company?
It is there because they have purchased the account from the original creditor and are proceeding with their prescribed collection procedures. It is a legitimate entry on a credit report, and cannot be removed until the seven year expiration date. Even if the account is paid it will remain on the report marked as such, until the time limit expires.
If your credit report states an estimated time for something to be removed is that an accurate time?
Depending on the dates that each credit report has. If it has a certain date posted as estimated time of removal, then it will be removed on or around that particular date. Please make sure that it is dated from the last day of activity for that account.
When will a 1999 discharged bankruptcy be removed from a credit report?
It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.
