Just have to wait. The credit card company usually updates the credit reporting agencies once a month. Call your credit card and ask them if they can tell you what day that is. Then it can take up to a month to show up on the credit report. Knowing what day they report is good, because if you want to buy a new computer but tomorrow is the day they report to the agencies, hold off on the computer 2 days, and you'll at least look good for that month's credit report. If you paid it and it's not showing up even after a month, I'd first call your credit card company (they're easier to get ahold of). If they can't help, you can try to correct it by contacting the 3 agencies: www.experian.com , www.transunion.com ,and www.equifax.com . But usually their dispute process takes a month or two, so you're probably better off just waiting it out.
Yes, if there is an incorrect information in your credit report, you have the right to dispute it and if proven correct, the credit bureau will not report it again.
First, call the creditor and ask them to correct it. Then, dispute the error with the 3 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.
If a credit card is closed it cannot have a balance. Just because you have stopped using the ard you cannot declare the account closed. If you owe even one penny, the account is open and the credit card company can 'report a 30 day late'
This hapenned to me in the past. I was registered with experian, I had no defaults on my credit report, however a loan company told me that I had a default on my credit report I then told them that I had checked my experian credit report and it was clean but they told me it was equifax where the bad report was logged on. I checked it and it was for a credit card I had never even heard of. Equifax investigated it and found out in a couple of days that I had nothing to do with it. This was in 2007 about when it was removed. its now 2011 I also found out recently that you can actually sue companies that put false information on your credit report.
what ever the balance was at the time of foreclosure will report on your credit report
Every time the credit report is accessed, it is lowered slightly.
A shortsale will report as Settled for Less than the Full Balance and will stay on your credit report for 7 years.
No. It will show that you had a judgment on your credit report for up to seven years, but it will show a zero balance.
In a word, yes.
Yes, if there is an incorrect information in your credit report, you have the right to dispute it and if proven correct, the credit bureau will not report it again.
A creditor can report a car as repo and not correct it unless you call them. If it not their responsibility to make sure your credit report is right, it is yours. If you contact them, they must fix it.
First, call the creditor and ask them to correct it. Then, dispute the error with the 3 credit bureaus.
If there is an error in your credit report, you must contact the particular Credit Reporting Agency that issued the report and provide them with correct information, in writing and, if possible, with supporting documentation.
Assuming that you properly listed the debt in your bankruptcy, the creditor should report the balance owed as zero and it should also correct your credit report to show that the debt was discharged in bankruptcy. You should send a certified, return receipt letter (keep a copy) to the credit card company and enclose a copy of your discharge. Demand that they correct this entry on your credit report. If they fail to do so, contact a local bankruptcy attorney for further assistance. Failing to correct a credit report can be a violation of the discharge order and the bankruptcy court could order the creditor to pay you damages if they fail to correct the error. You should also write a dispute to the three credit reporters: Experian, TransUnion and Equifax, and have them insert it in your report, i.e. "This debt was discharged in bankruptcy on _____ (date)."
The still stay on your credit report the normal length of time for negative credit entries (7 years). After the discharge, they might still show a balance but should also make not of being included in the bankruptcy.
It will remain on the report for the required length of time and should be marked "included in bankruptcy."