Don’t be surprised if a credit bureau re-inserts an item that was deleted due to a dispute. They must however, notify in writing if the disputed item has been put back on your reports.
Multiple charge-offs on a credit report will destroy a credit score unless you take action. Get strategies to remove multiple charges and improve credit scores.
Depending on the credit bureaus to automatically remove outdated information from credit reports is a mistake. The credit bureaus deal with billions of pieces of information daily and sometimes items get left on credit reports that should have been removed years ago. Removing outdated information from credit files is the simplest way to improve your…
Some credit disputes can actually cause a drop in scores because the last date of activity is updated. Old negatives that are disputed can appear more recent if the date last reported is current.
Checking account overdrafts can lead to a charge-off on credit reports. But a pay for delete offer can remove a charge-off if the bank agrees.
Medical debt collectors looking to collect on older accounts often don’t have any documentation to prove you owe the debt. It’s important to challenge medical collection accounts. If you want to pay, contact the original medical provider.
Thinking about paying a collection account? Your credit scores may not improve unless you get the collection account deleted with a pay for delete agreement.
When you reinstate a loan due to car repo, the derogatory marks remain on credit reports that’s why these steps to rebuild credit after car repo are necessary
Creditors can choose when to report a charge-off but the remove date of charge offs does not change. It is 7.5 years from the date of last payment.
Timeshares are often purchased under pressure but if you do not cancel in time, timeshares can end up on credit reports as charge-off, foreclosure or both.