Little Hulk asked:


When you apply for a loan or credit card, the creditor appears on your credit report. Is there anway to erase those inquires?

Gerald

leana asked:


I got a judgement reversed and looking at my credit report it is still showing a collection company reporting it as an outstanding balance on my credit report. Can they do that?

Denise

Yvette W asked:


If an unpaid debt (credit card debt) has beeen removed from the credit report because it is old, but the creditor is still trying to take me to court. Is this right? Can he do this?

Pedro

Sonz asked:


The vehicle was included in bankruptcy and never reaffirmed. Voluntary payments are being made and are current. If the vehicle is surrendered now can they put anything else on the credit report like a reposession?

Craig

Sherry H asked:


I have a few old accounts on my credit report that were charged off. the original creditor & the collection agency that they sold the note to are both on my credit report looking like double the bad payment history. Can they do that?

Mildred

Tom Tessin asked:


A bad credit report causes your credit score to reflect a negative debt policy. This lower score causes you the inability to buy things that you need or want. You may not deserve this report for a variety of reasons that can be fixed. When you buy an item from a rent-to-own place as an example and you ask for a certain pay day but their computer systems requires you to pay a day or two before this may get reported on your credit report as slow pay. The slow pay often causes your credit score to drop. The manager who operates the local store tells you not to worry he knows that you will be in on a certain day and of course he does not call. The corporate office only knows what is put into the computer which shows your two days late sending off a bad credit report. In order to fix this first, have the local manager contact the main office getting them to put a letter in your report stating that this is the error of the local store for not setting up the right pay date. Secondly, find out how much more you would need to pay in order to have your pay date set up to a new date that fits within your budget to pay. Then do follow up to make sure that you are no longer in the reporting credit agencies as a slow pay.

You might have a bad credit report because of a lay-off in ability to pay for an item in the time period required. Then you should make an agreement with the creditor to pay off the bill asking for an extension of pay or even asking if you pay less would they defer late fees and interest charges. After you made a pay arrangement make sure that a copy of this is put into your credit report. This will help to fix your credit report in order to give you a better score. You should check your credit report periodically to make sure that you are not being charged with a debt that you do not even owe. Often a bad credit score is reflecting a bill that is not yours which gives you a bad credit report.

You will need to immediately start to fix the problem. You can take several steps to clear up the issue but start by putting a letter in the reporting credit bureaus that this is not your bill. Afterwards you will need to get as much information as possible about the bill before you can proceed to get the situation taken from your credit report. It is always advisable to have a good credit report and remember, having a good credit report helps with your future interest rates. Keep up with your credit and make sure your credit report is not a bad one and if a problem arises take steps to fix it so that you will not have a bad credit report.



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Dante J asked:


I have an old balance not payed on an acount listed on my credit report. I’m willing to pay it only if the creditor will totally remove the derogatory information from my report. Is this even possible to do? What are other options?

Credit Report

insurancelawcase asked:


A judgment was awarded against me and a small claims court put a entry in my credit report.

If I pay the creditor, will the court remove the entry? Creditor agreed to sign a letter stating that there are no open disputes between me and them (as long as I pay them) which I then can send to the credit buerua and aske them to remove it.

Is it possible? Has anyone done it?

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Ryan asked:


If you’ve recently discovered that that you need to dispute credit report errors, you are not alone. Research shows that 75 percent of credit reports have errors on them, and 1 in 4 credit reports include errors that actually have a negative impact on your credit score. This is no surprise considering that credit report agencies have to manage data for millions of people on a daily bases, and rely on lenders and creditors to provide accurate information.

As a consumer, however, your best interest is protected by the Fair Credit Reporting Act, which mandates that if you dispute credit report errors, any information that is erroneous must be acknowledged and removed from your credit report within 30 days.

So how do you go about fixing errors on your credit report? The first thing to do is to access copy of all three of your credit reports from each reporting agency, Trans Union, Equifax and Experian. You will want to compare the information on all three reports since it is likely that some information will be included on one report but not the others.

Once you have reviewed your credit report and found the errors, you will want to contact the credit reporting agencies in writing. Highlight each of the errors on your credit report and attach a copy to your dispute letter. Keep a record of everything you send in case you need to refer to it when following up.

The credit reporting agency is then obligated to contact the credit/lender that indicated the negative information to validate your claim. If the creditor/lender is unable to come up with conclusive evidence that supports their claim, the items will be removed from your credit report and your credit score will immediately improve.



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christine s asked:


Does the creditor who was awarded the judgment put it on a persons credit report or does the court put it on the persons credit report when its granted.

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