Life Events

Using your credit report to compile a complete list of your creditors and debts

Posted on Mar 28 2014 by

Dear Experian,

How do I find out what I really owe and if any creditor will settle for less if I can pay off the balance? Can I get a list of all my creditors from you?

- CYD

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Student loans are debt obligations like any other loan

Posted on Mar 27 2014 by

Dear Experian,

My student loans are affecting my credit. Why?

- NCB

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You must submit request in writing to permanently opt out of receiving prescreened offers

Posted on Mar 13 2014 by

Dear Experian,

I received a letter from Experian today regarding permanently removing my name from pre-approved credit offer mailing lists. The letter is requesting name, Social Security number, current address, and previous address. I would like to permanently remove my name, but I am not sure that this letter is legitimate. Can you please confirm?

- SBA

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Debt discharged in bankruptcy continues to show in your credit report

Posted on Mar 13 2014 by

Dear Experian,

How can a debt that was dismissed during a bankruptcy almost four years show up now on the credit report as derogatory? Can we appeal to have it removed from the credit report?

- MCH

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You might still owe on your mortgage after declaring bankruptcy

Posted on Feb 26 2014 by

Dear Experian,

I want to know if I still owe my mortgage company after filing Chapter 13 bankruptcy. When I filed I was in foreclosure, and they said I owed $72,000. I paid that amount in full. Now the company is saying I owe $59,000 more. Does this sound right? I have my discharge papers from the courts.

- ARB

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Voluntary surrender of truck cosigned for during relationship could wreck credit scores

Posted on Feb 26 2014 by

Dear Experian,

I recently co-signed for someone, and our relationship ended. They gave me the truck back and said they no longer wanted it. I have a car payment myself, so it will be hard to have two payments. I also am trying to save money to buy a house within next year. I have thought about voluntarily surrendering the vehicle. My credit has just recently improved. If I decided to do this would it ruin my credit to the point where I wouldn’t be able to get approved for a mortgage?

- CZC

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Lack of U.S. credit history can result in higher utility deposit

Posted on Feb 12 2014 by

Dear Experian,

I’m a visiting J1 exchange professor at the University of Hawaii, and I’m being asked by the Hawaiian Electric company to pay a pretty hefty deposit for service to the house I’m renting. They have told me that Experian is the company they use for credit ratings and that the deposit is based on a rating provided by you. I have a very good credit rating in my home country. Could this rating not be used by your company?

- CHG

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“Short sales” usually deleted 7 years from the mortgage’s first late payment

Posted on Feb 05 2014 by

Dear Experian,

How long is a short sale on your credit report? We did a short sale in December 2010, and it is still on our credit report.

- SPG

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Accounts in Ch. 13 bankruptcy remain 7 years

Posted on Jan 15 2014 by

Dear Experian,

How long do accounts included in chapter 13 bankruptcy remain on your report?

- RCH

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Missing payments will worsen impact of mortgage short sale

Posted on Jan 15 2014 by

Dear Experian,

How will it affect my credit score if I short sell my house without missing any mortgage payments versus missing payments prior to the sale?

- BSB

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Cosigining for an apartment lease could hurt your credit

Posted on Jan 01 2014 by

Dear Experian,

I would like to better understand how co-signing for apartment leases affects credit.

- IAB

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Paid student loans listed by semester won’t hurt credit

Posted on Jan 01 2014 by

Dear Experian,

I have student loans on my report with different amounts but the same account number. They are all under accounts in good standing. I think that they are repeated. They are listed nine times! I also have two other student loan accounts with the same account number but with a different company. I have consolidated my school loans twice so I’m assuming that they are from before I consolidated. Do all these hurt my credit? They are all paid/never late/closed, but I’m concerned it shows that I over extend myself.

- AMS

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Landlord does not need a judgment to report unpaid rent to Experian

Posted on Dec 18 2013 by

Dear Experian,

Does a landlord have to have a judgment against a former tenant in order for the debt to be reported? Can a collection agency report a debt without obtaining a judgment?

– WLW

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Being removed as a cosigner from children’s student loans

Posted on Dec 04 2013 by

Dear Experian,

I co-signed college loans for my children. They are now both out of school, working and re-paying the student loans on time with no delinquencies. I would like to remove my name as co-signer. Will this increase my credit score, and will it decrease their credit scores?

- PBK

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Lender might repossess van even after several years of non-payment

Posted on Dec 04 2013 by

Dear Experian,

I took out a loan for a van in 2008 and lost my job shortly afterwards. I only made two payments on it. The lender never came looking to take back the vehicle. This past week I received a letter from them stating that they want the van. What are my options? Can you help?

- GLM

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Collection efforts can continue after the account is removed from your credit report

Posted on Sep 27 2013 by

Dear Experian,

Can a charged off account on your credit report that was opened in 1999 and closed in 2010 be sold to another collection agency and then be given to an attorney to get payment from me?

- LVM

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Collection agency may request a report without your permission

Posted on Sep 27 2013 by

Dear Experian,

Can a collection agency request your credit history without your consent? I have one on my report under “inquires shared with others” in which I did not consent.

- LDA

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Student loans may appear in credit report while in deferment

Posted on Sep 27 2013 by

Dear Experian,

How long does it take after student loans are out of deferment for them to show up on a credit report?

- LSM

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Time it will take to recover after paying a tax lien

Posted on Sep 12 2013 by

Dear Experian,

I am currently paying off a state tax lien. After the tax lien has been paid in full, how long will it take for my credit to be restored to good standing?

- APM

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Becoming a guarantor or joint account holder for son’s motorcycle loan

Posted on Sep 12 2013 by

Dear Experian,

I want to help my son, a recent graduate, build good credit. He wants to buy a used motorcycle. I was willing to guarantee the personal loan, but the bank wants me to be a joint borrower. If I agree, it is not clear to me whether my son’s credit rating will improve as much as if I were just the guarantor. Which approach would produce the greatest benefit? Would being a joint borrower help my son’s credit score at all?

- HRC

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Late payments continue to appear after declaring bankruptcy

Posted on Sep 12 2013 by

Dear Experian,

How can I get late payments removed for items that were included in bankruptcy?

- NPN

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Getting married when your girlfriend has declared bankruptcy twice

Posted on Sep 10 2013 by

Dear Experian,

I’m planning to ask my girlfriend to marry me. However, I just found out she has filed for both chapter 7 bankruptcy, in 2000, and chapter 13 bankruptcy, in 2008. I’ve been told this not good for our future and that it will affect my credit if we do get married. Any insight would be helpful.

- CWC

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Changing name when married won’t link you to his bad credit

Posted on Sep 10 2013 by

Dear Experian,

I’m getting married next week and am wondering if I should take my husband’s last name. His credit is not quite good, while mine is very good. If I take his last name, what will happen to my credit history? Should I have a joint account with my husband? What is the best way for me to protect myself from having problems from changing my last name?

- BBY

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Why previous names appear on your credit report

Posted on Sep 10 2013 by

Dear Experian,

I am married for a second time. Can having my maiden name and two married names negatively affect my credit score? My “middle” score is 780 but I am trying to improve to 800 plus.

- TEV

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When roommates don’t pay their share of the rent

Posted on Sep 10 2013 by

Dear Experian,

I’m a college student, and today I was given an eviction notice because my roommates didn’t pay their rent on time. I was wondering what happens if they pay the amount they owe before our court date. Does it still go on my credit score? Do I have any options because I paid my rent on time?

- STO

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