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Would you try to pay off charged-off credit if it's fairly new and does it stay on your report anyway paid or unpaid?
Wiki User
∙ 18y ago
It's always good to take responsibility for your debts. There are benefits that come from this. Paying defaulted accounts does nothing to improve your credit and can, under certain circumstances, lower your score. However, lenders like to see that consumers have paid former debts. This may help you should you need to borrow money again in the future. Charged off debts may appear on your credit report for 7 years from the month/year you last paid the account on time immediately prior to its' default. Nothing legally changes this reporting period, even paying them off.
Wiki User
∙ 18y ago
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How will taking a car back to buy here pay here affect credit when they do not report anyway?
If they don't report, then you don't have to worry about it affecting your credit.
How does one get an Equifax credit report?
You can type in Equifax to go to the official website. Once you are on the website, you can actually request a free report. There are directions on the website. It looks fairly easy to do.
Where can you get a free personal credit report?
There are several websites where you can get a free credit report. You can also get your credit report from your local credit card company or your accountant can give you a report.
How many years of credit report requests are included on a credit report?
A credit report includes a list of every request for your credit report in the past two years.
Who can report credit history on your credit report?
In the United States, any institution that extends to you some form of credit can report to the credit bureaus.
How will taking a car back to buy here pay here affect credit when they do not report anyway?
If they don't report, then you don't have to worry about it affecting your credit.
How do you read and understand your credit report and it's scores?
You can look at all your credit cards and reports and see who is reporting you delinquent. You can also see your overall credit score and compare it against a chart of good and bad scores. The information on your report is fairly straightforward.
How does one get an Equifax credit report?
You can type in Equifax to go to the official website. Once you are on the website, you can actually request a free report. There are directions on the website. It looks fairly easy to do.
How can one obtain a free National Credit Report?
One can obtain a free National Credit Report from any reputable credit report site. These include Free Credit Report, Equifax, and Annual Credit Report.
What is a bad credit report?
A report about your credit that is bad.
Where can you get a free personal credit report?
There are several websites where you can get a free credit report. You can also get your credit report from your local credit card company or your accountant can give you a report.
How many years of credit report requests are included on a credit report?
A credit report includes a list of every request for your credit report in the past two years.
Who can report credit history on your credit report?
In the United States, any institution that extends to you some form of credit can report to the credit bureaus.
How can one access or get a free credit report?
There are many ways how a person can access or get a free credit report. There are websites such as, go free credit, free credit report, and credit report all offer free credit reports.
What does fairly present in audit report mean?
A report by an auditor with out favoring anyone or taking sides
Where can you get a free credit report score?
One can get a free credit report score from 'Experian' Other sites that offer free credit report scores include 'Credit Karma', 'my FICO' and 'Free Credit Report'.
Where can you go to view your credit report?
You can view your credit report online using the one official annual free credit report agencies. It is Annual Credit Report. Do not bother with the others.
