Report Advice
What you need to know about this crucial financial document

Time limits for collection agencies to collect a debt

Posted on Aug 16 2013 by

Dear Experian,

What is the time frame that collections agencies can go after their money?

– TRA

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Balance-to-limit ratio applies only to revolving accounts

Posted on Aug 16 2013 by

Dear Experian,

Does the balance-to-limit ratio only apply to credit cards, or does it apply to installment loans, such as student loans or auto loans, as well?

– NDR

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The meaning of “too few accounts paid as agreed”

Posted on Aug 16 2013 by

Dear Experian,

My credit score came back with a statement saying, “too few accounts paid as agreed.” I was wondering what that means since I have never paid an account or bill late.

– CHW

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How long it takes for scores to go up depends on your overall credit history

Posted on Aug 16 2013 by

Dear Experian,

How long after negative information is removed will it take for your credit score to go back up? When viewing your credit report, can a business see if you have been denied credit?

– FSU

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How disputed information is updated with other credit reporting agencies

Posted on Aug 16 2013 by

Dear Experian,

If one credit agency deletes a record because my dispute was favorable; how does that get reported to the other agencies, or does it? Do I send a copy of the result of investigation to the others so they can remove the unfavorable item?

– KVI

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Employer listings on your credit report

Posted on Aug 16 2013 by

Dear Experian,

I used Quizzle.com to see my Experian credit report. You have my current employer incorrectly listed. The employer you show was a couple of jobs ago, and I work for a completely different company now. How significant is this? Should I request you update your records? Will I harm my credit standing by making such a request?

– CKC

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The impact of paying a collection account on credit scores

Posted on Aug 16 2013 by

Dear Experian,

Does settling a debt that is showing negative on my credit report as a “collection”, get removed from my report as soon as it is paid? Does paying this debt help raise my credit score?

– ONY

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The difference between “closed” and “paid in full”

Posted on Aug 15 2013 by

Dear Experian, Some of my accounts that are paid in full show “closed” instead of “paid in full.” Does this hurt my credit rating? If my account is paid in full but did have delinquent payments throughout the term of the loan, can it be deleted seven years from the original delinquency date? – OGG […]

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U.S. credit history will not transfer to Canada

Dear Experian,

I am a citizen of both the U.S. and Canada. I currently reside in the U.S., but I plan to move with my family back to Canada. Will my United States credit history transfer to Canada? Are there credit card companies that offer accounts that will transfer from the U.S. to Canada?

– JST

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How ex-husband’s address appears on your credit report

Dear Experian,

After viewing my credit report, I saw that two addresses are addresses where I have never lived. They are addresses of my ex-husband. How do they get on my report?

– TTO

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