There are NO acceptable excuses.
AnswerLate payments can only be removed by the creditor who placed them on there or the credit bureau reporting them. You can contact the creditor and based on goodwill or negotiated a payment, they will sometimes remove the late payments. You can ask for verification from the credit bureaus on them and if they aren't verified with in 30 days, they must be removed from your credit report.
THEY ARE MEMBERS OF THE CREDIT REPORTING AGENCIES. THEY PAY TO REPORT YOU AS A YOU CONTINUE TO MAKE PAYMENTS. CREDIT CARD COMPANIES, CAR LOANS, JEWELRY, CLOTHING CREDIT CARDS ALL REPORT TO THE MAJOR CREDIT REPORTING AGENCIES. THIS IS A WAY TO TRACK YOU AND HELP TO ACKNOWLEDGE IF YOU ARE A GOOD CREDIT RISK TO ANY AND ALL OF THE ABOVE.
Yes, your payment history will still be a part of your credit report as well as the Chapter 7.
After your account has reached 60 days past due. After your account has reached 60 days past due.
Just like Rent-a-Center... Aaron's does not run credit checks prior to the purchase of an item. Aaron's allow you to pay monthly installments without credit. However, they do report your payments to the credit bureau, which builds your credit. These are recent changes to Aaron's policy since they did not report to the Credit Bureaus to help customers build credit in the past.
No, credit card companies do not typically report cash payments.
No, credit card companies do not report cash payments to the IRS.
Your landlord would have to report payments to the credit bureau.
yes
No, credit card companies do not typically report cash payments to credit bureaus. Only credit card transactions and payment history are typically reported to credit bureaus.
Utility payments
Yes, it does show up on that persons credit report. If you are late on payments, it will negatively impact his/her credit report.
It shows on your credit report even before they start making payments.
99999
you can't
Yes late payments can come off your credit report. They can be removed by either the original creditor that put it on there or by the credit bureaus. You can dispute late payments on your credit report with the credit bureaus using the Fair Credit Reporting Act. The FCRA requires the credit bureaus to contact the creditors to verify the late payment. If the late payment isn't verified it must be removed.
If the bills were overdue and you are making payments as the result of being 'dunned,' and the bills are not yet paid in full, it will reflect on your credit report.