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What else can I help you with?
Discount allowed by creditors show you the debit and credit?
You would debit the creditor account and credit the expense it relates to or discounts allowed if you want to show them separately.
Does a revenue account normally have a debit balance?
No. A revenue account should always show a credit balance.
Does an account put with a collection agency always show up on your credit report?
This depends only if the creditor originally reported your account to your credit report.
How can you know which credit cards you have under your name?
The simplest way to get this information is to pull your own credit. Each credit card along with other debts you have will show up as a "trade line" on your credit report. Keep in mind that new credit cards will sometimes take up to 60 to show up on your credit report.
Is sales and salaries commission debit or credit?
Those commission costs would show as debits on the profit and loss.
Discount allowed by creditors show you the debit and credit?
You would debit the creditor account and credit the expense it relates to or discounts allowed if you want to show them separately.
If you add second person to credit card will it show up on their credit report?
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
Does debit consolidation hurt your credit?
{| |- | There is a chance that using debt consolidation services might affect your credit. Some debt management programs, like credit counseling, show up on your credit report. Some solutions, like debt settlement, don't show up on your credit report, but by definition cause late payments. Most debt consolidation services are there to help you get out of debt, not to sustain your credit report or credit score, so you should priorotize what you really want in seeking debt consolidation help. |}
Will a judgment be removed from a credit report if it is paid?
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.
Does your credit report show if your married?
If you filled out any applications for credit and said you were married -or- if you have any joint credit with your spouse, it will be on your credit report.
If you have good credit history with some credit cards will they still show that on your credit report and that you paid on time after filing chapter 7?
It depend on the individual credit card companies if they report on your credit history or not, like some department store credit cards may not show on a credit report
If a credit card is not activated does it still reflect on your credit report?
Yes. If they extend the line of credit to you, and you do not activate it, it will still show up on your credit report.
Does credit card consolidation show up on my credit report?
Yes, credit card consolidation will affect your credit score. It will show on your credit report for at least five years, it doesn't hurt as bad as bankruptcy however.
Where on your credit report does it show if you have a judgment?
The credit report has sections. One gives you name and address and then there is a section titled JUDGEMENTS. This is where one will show up.
If you have a credit card only in your name will it affect or show on your husbands credit report?
No, only the owner and authorized users of the credit card will be reported on the credit card company to the credit agencies. If your husband is an authorized user on the credit card then it will show up on his credit report.
How long does a judement remain on your credit report?
This will stay on your credit indefinitely until it is paid. Once it is paid, it will show a zero balance, but your credit report will still show that you did have a judgment at one time. It will stay on the report for approximately 7 years.
How long does a shortsale show on your credit report?
A shortsale will report as Settled for Less than the Full Balance and will stay on your credit report for 7 years.
