If you default on a credit card debt, the late pays and charge off from the default will stay on your credit report for 7 years. What about the debt? Once it comes off your credit report, do you still owe it? Credit Reporting Confusion A common misconception exists that credit card debt you owe [...]
Entries Tagged as 'collection agencies'
Is Unpaid Credit Card Debt Still Valid After Seven Years?
April 22nd, 2011 · No Comments · Consumer Debt, Credit Reports
Tags: collection agencies·Credit card debt·credit report·credit reporting confusion·debt·debt expiration·Payment History·statutue of limitations·zombie debt
DIY Credit Repair Made Quick and Easy
January 19th, 2011 · No Comments · Credit Repair
You only need to spend a couple of hours a month on credit repair activities. And because creditors don’t always keep the best records, the results may surprise you.
Tags: collection agencies·credit·Credit Bureaus·Credit Repair·Credit Reports·Debt Validation·original creditors
7 Savvy Resources for Credit Repair in 2011
January 12th, 2011 · 1 Comment · Credit Repair
With a brand new year before you, there is no better time than now to brush up on these 7 savvy resources for credit repair in 2011.
Tags: collection agencies·credit·Credit Repair·credit report·Debt Settlement·Good Credit is Sexy
How to Handle a Medical Collection
September 17th, 2010 · 1 Comment · Collection Agencies
Q. I have a debt that went to collections w/o my knowledge. They contacted me and told me it will go on my credit report if not paid in full by by the end of the month. Then the collector offered to reduce the bill $200 if I pay it off today. How can they [...]
Tags: affect on credit·collection agencies·collection payment plan·Debt Settlement·Debt Validation·high pressure methods·medical collections·medical collectors
