I haven’t paid my credit cards in four years. How long will it take them to be removed? I opened the accounts in 2007.
I recently paid a settlement on a delinquent account. I have the release letters and was told I can send them in directly in order to have the information removed from my credit report. Can you tell me how to do this?
I have a charge off from 2009. I am in a payment plan. Does this mean I started the clock over on when the charge off will be removed?
I had a repossession in July 2006, but on my credit report it states date reported January 2013. A collection agency owns the account now. When will it be removed from my history? Is it based on the date of initial delinquency or the date reported?
If you have a derogatory record on your credit report from a collection agency and you pay off the debt in full, will the debt be taken off of your report sooner? Or do you still have to wait the seven years?
If you have had a vehicle repossessed, will it stay on your credit if the creditor keeps selling the papers to different creditors?
If the account status information says the item will be moved from negative to positive on a certain date, what determines when and why that happens?
My son has an account that was delinquent and charged off over 10 years ago. Yet, this evening we received a call from a credit agency looking for him regarding this debt. This is ridiculous! They said that they can continue to try to contact him no matter what. This debt is over 10 years old. What rights does my son have?
How can an item be on your credit twice, once under the original credit grantor and then under a collection agency? How does this affect the deletion date?
What is the time frame that collections agencies can go after their money?