Debit cards do not report to the credit bureaus and therefore closing a debit card will have no impact on your credit score.
You would debit the creditor account and credit the expense it relates to or discounts allowed if you want to show them separately.
No. A revenue account should always show a credit balance.
This depends only if the creditor originally reported your account to your credit report.
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.
Those commission costs would show as debits on the profit and loss.
You would debit the creditor account and credit the expense it relates to or discounts allowed if you want to show them separately.
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
{| |- | 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. |}
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.
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.
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
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.
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.
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.
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.
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.
A shortsale will report as Settled for Less than the Full Balance and will stay on your credit report for 7 years.