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Can a paid settlement to the collection agency be reported as paid as agreed?
As a general rule the answer is no. Collection agencies will report this to the credit bureau as being settled for less than what was due, which can have a negative impact on your credit report. While paying this money could seem like an effort to repair your credit, it actually can damage it. A situation like this often results from a debt being old and about to fall off of your credit report. If you pay the money to the collection agency then it will stamp a record of such payment for an amount less than the amount originally due. The worst part is that such a record will stay in your credit file for another seven years from the day the payment was received! If you don't make the payment the negative report resulting from that will probably fall off of your credit report much sooner.
How do you improve your credit after you have been to collections?
Always continue to pay all your bills on time and keep your balances low. You can try and negotiate with the collection agency to remove the collection off your credit report upon final payment, but they might not agree. You can also try to dispute the collection to the credit bureaus, but it will most likely be verified unless the collection is paid off already.
If a landlord doesn't run your credit ever to move in can they send a report to credit collections if you don't pay rent?
Yes.
If you sign an apartment lease as a cosigner and you will not be living at the apartment will this show up on your credit report?
So long as your apartment is paid and current, such leases will not appear on your credit report. However, should you or the person you are guaranteeing become delinquent, there are several ways in which this information can appear on the credit report. In some states, landlords work directly with collection agencies, in which case it would show up a a delinquency and tarnish your score. In other situations, your name may be mention as a party to an eviction or legal proceeding, something which may show up in other searches that accompany credit reports, such as eviction history, or certain criminal background checks. The best suggestion is if you don't have to guarantee or cosign, don't do it unless you can afford to pay for that person should they become delinquent on their obligations.
How to make Report on problems faced by earthquake victims?
I think most of them die..well after earthquakes they have problems of surviving.
As a small business how do you report bad payment history?
Small businesses should report bad payment history to a business credit reporting agency. A few of the key business credit reporting agencies are Dun & Bradstreet, Experian and Equifax.
When does a car dealer have to report your last payment to the credit reporting agencies?
usually the lender does it every 3 to 6 months.
How can credit reference agencies help?
Credit reference agencies can help you identify any mistakes that appear on your credit report. By checking your credit report for free once a year you can notify credit agencies of any errors on your credit report and have them resolved before it effects your credit score.
When do collection agencies report the debt to the credit bureau?
They usually give you 30 days to respond to the debt and make payment arrangements. If you dont respond they usually report it.
Why are the three credit report agencies important?
The three credit report agencies are important because they provide report on your credit and if you encounter fraud, they are the agency that you should report to in order to prevent further damage on your credit card.
How do you report errors on credit report to various credit bureaus?
This article has links at the bottom for to dispute a credit error for each of the 3 credit agencies. http://www.ehow.com/how_2250756_contact-credit-reporting-agencies-online.html
Does Verizon report late payments to credit report agencies?
yes
How do you report a bad credit risk?
you can call your credit reporting agencies, you can also compare your three credit report from your credit reporting agencies this ezcreditrepairsolutions(dot)com(slash)credit(dash)report(dash)score(slash) from different credit reporting agencies, They provide a lot of great information for improving your credit score, and it worked well for me.
How do you get your credit report?
i get my credit report for three credit reporting agencies at ezcreditrepairsolutions(dot)com(slash)credit(dash)report(dash)score(slash) from different credit reporting agencies, They provide a lot of great information for improving your credit score, and it worked well for me.
How do credit repair agencies get 30 day late entries removed from the consumer's credit report?
Valid entries cannot be expunged from the consumer's credit report by a credit repair agency or by the consumer themselves, they will remain on the report for the required time period. Furthermore, such agencies cannot do anything that the consumer could not do themselves. That being the case, the consumer should not waste funds paying for a service that is often misleading, unproductive and unfortunately in some situations totally unethical. Actually, the above answer is not correct. According to the Fair Credit Reporting Act of 2003, if the consumer disputes the late payment and the creditor reporting the late payment on the credit report can not prove that the consumer made the payment late, the negative mark must be removed or corrected on the report immediately.
Where can you go to view your credit report?
You can view your credit report online using the one official annual free credit report agencies. It is Annual Credit Report. Do not bother with the others.
Where can one view my credit report?
Someone can view their own credit report from a number of credit scoring agencies, such as equifax, transunion, and annual credit report, and experian.
