0
Never pay for a credit history report. It is now possible to obtain a free credit report from each of the three credit reporting agencies once a year. Be smart and request a free report from each agency every four months so that you can stay current year round. Also, if you ever apply for credit and are turned down, you may request a free credit report from the credit reporting agency the credit check was obtained from. Credit reporting agencies also offer reports during their free trial memberships. Simply cancel your membership before you are obligated to pay anything.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
If you buy a car but never pay a payment and the bank takes the car does it show on your credit report?
Yes.
If you pay off an old debt no longer on your credit report will it be placed back on the credit report?
Yes it can. You should agree to pay it only if there is an agreement to not report it to the credit reporting agencies.
How do you had positive credit to your credit report?
Pay your bills on time. Don't use more than 30% of your available credit. Establish a long history of paying your bills on time.
How can your credit affect your employment?
Most people know that your credit report history can affect the rates you pay for mortgages and auto loans. Few people, however, are aware of how your credit history can affect employment. The majority of employers conduct a background check on their applicants and many screen for credit history. This used to be prevalent only in the financial sector, but it is a now widespread practice. A poor credit report history may signal to an employer that you are not trustworthy, are unable to manage money and may compromise the company. Before applying for a job, it is helpful to get a copy of your credit report history.
How can you repair bad credit card history?
It's never too late to repair your credit and heal your bad credit history. One place to start is to pay down your debt and stop using credit immediately.
I have paid my default in full can i have it remove from my credit file?
No, it will show on your credit report as a paid collection/judgement and will fall off of your credit report in 7 years. After you pay the debt keep all receipts and check your credit report in about 60 days to make sure they reported it as paid. Many collection companies never report it paid.
Do you pay off your credit history if you have a insufficient credit score?
If you have n't a sufficient credit score, you don't pay off your credit history. It is impossible.
Is it good to pay off old bad credit on your credit report?
No. If you have an old deliquency on your credit history and you now decide to pay it, all you're doing is refreshing an old debt on your credit history. Ex. If you owe a credit card 400 bucks from let's say, 2000, and you pay it now, creditors will see that it took over six years for you to pay it and it will remain in negative status on your history. Remember that after seven years your credit gets a clean start again, so might as well let it run for 7 years. Leslie
How will it effect your credit score if you pay your mortgage car and credit cards on time but are sometimes late with your utilities?
You need to find out and tell us whether or not your utility company(s) report to the credit bureaus. Some do normally, others only report when you pay late, others only report when you get turned over to collection, others never report. There is no way to know which category your specific utility companies fall into.
If a friend refuses to pay a debt and you don't want to sue but want to report it so it appears on his credit report how can you do that and will a collection agency file such a claim?
Not without suing. It's a credit report. You are not a creditor. If you sued and got a jugdment and she didn't pay then that would be on the credit report
If there was no credit check when you purchased a used car will it go on your credit record if it is repossessed?
Yes it will most definatly go against your credit report. A credit check is only to provide a lender with a picture of your credit history. it has nothing to do with wether or not you have good credit or bad credit in its self. wether or not you pay your bills on time and how much you owe is what determines your credit rating. if you do not pay your bills your credit rating will suffer and fewer institutions will lend to you. when they view your credit report they will see you as a bad risk.
What is meant by history of arrears?
The term arrears may be mentioned in a credit report or by a company you owe money to. A history of arrears means you do not pay what you owe in a timely manner and are behind on payments.
