you fill up the tub with luke warm water and get some soap and just wash it. ?
yes , you need to build your credit. the charge offs will stay on your credit score for 10 years or more and you will never get a loan. or improve your credit, pay them off. continue paying your bills on time,save money.go to your bank and get a secured credit card,best way to build your credit back up.
How to clean up your credit report
A charge off is when a creditor basically gives up trying to collect the debt and "charges off" the debt from their books. They do this more for their benefit than the one who owes. It allows them to close out the file and clean up their records. This looks especially bad on a credit report.
answer: be patient. it takes 7 years for this information to no longer be reported to the credit bureau. if you want to simulate different scenarios with your credit and how different approaches will effect your credit then go to www.myfico.com. Great service.
Your wife, as an authorized user, is not liable for those debts. Have your wife's name removed from the accounts. Wait at least 30 days and then she can try disputing those tradelines with the credit bureaus.
First of all, charge offs cannot remain on your credit report for longer than 7 years so most credit bureaus remove them after 6 years 9 months to ensure proper compliance with the law. Secondly, it's possible that those charge offs are not yours and/or that the companies in charge of the charge offs have lost the records so it is possible, although unlkely, that you can get the charge offs removed by disputing them with the credit agency. Another possibility is that one company shows the charge off and the collection agency shows an open collection. You should be able to get one of those two eliminated as they are duplicates. Finally, it is possible to contact the companies that have made the charge offs and negotiate with them to remove the charge offs in exchange for paying part or all of the charged off amount. Some companies may gladly do this whereas others will not even consider it. You could initiate conversations with the debt holder by writing a letter to the address on your credit report basically offering to pay a portion of the debt in exchange for complete deletion of the negative credit entry. In conclusion, it's better to avoid charge offs and negative credit by paying your bills on time than to try to clean up your credit report afterwards.
yes , you need to build your credit. the charge offs will stay on your credit score for 10 years or more and you will never get a loan. or improve your credit, pay them off. continue paying your bills on time,save money.go to your bank and get a secured credit card,best way to build your credit back up.
How to clean up your credit report
Derogatory information can stay on a credit report for up to seven years. This includes late payments, charge-offs, and collection accounts. Bankruptcies can stay on a credit report for up to 10 years.
Steps to Dispute • Get your credit report. • Review your credit report. • Decide which items you want to dispute. • Write letters. • Always hand write your letters in your own handwriting. • Keep copies of all correspondence. • Keep separate file copies on each credit bureau. • Follow up if needed. • Obtain results. also: Charge Offs - I paid "Account Name and Account Number" as agreed. You show this as a charge off, which cannot possibly be correct. Please correct the way you are reporting this. (Charge offs are an amount the department store has written off as a bad debt. It is then listed on the report as a charge off). Best of luck,
A charge off is when a creditor basically gives up trying to collect the debt and "charges off" the debt from their books. They do this more for their benefit than the one who owes. It allows them to close out the file and clean up their records. This looks especially bad on a credit report.
Some ways to clean up a credit score is to start paying bills on time, reduce credit card debt, and open a bank account. Those are the best ways to clean up a credit card score.
answer: be patient. it takes 7 years for this information to no longer be reported to the credit bureau. if you want to simulate different scenarios with your credit and how different approaches will effect your credit then go to www.myfico.com. Great service.
Revolving accounts or Charge offs will stay on your report for up to seven years. But if you are interested in knowing what the statue of limitation is for the state of NC, then it is three years.
Your wife, as an authorized user, is not liable for those debts. Have your wife's name removed from the accounts. Wait at least 30 days and then she can try disputing those tradelines with the credit bureaus.
To clean up credit contact a reputable credit counselor. The credit counselor will give guidance on how to manage finances so credit reports and scores will be better. It will probably take some time before a person has good credit again.
first it depends what kind of charge off it is. and your credit score is all up to which credit company your checking your credit on .. there is no real answer to that question.