bomtrader Posted November 17, 2005 Report Share Posted November 17, 2005 Hi,I have a bill on my credit report (cap 1) that is 120 days past due. When I get it paid this week, how long will it take to show on my credit report as paid? Will it show on the report as 120 days late when lenders bring up my report, or will it show as paid?Thanks! Link to comment Share on other sites More sharing options...
cavazos007 Posted November 17, 2005 Report Share Posted November 17, 2005 It will still show as 120 days late. Unless you make a request to the OC to remove the lates. Link to comment Share on other sites More sharing options...
bomtrader Posted November 17, 2005 Author Report Share Posted November 17, 2005 Thanks..So the lender will not want to work with me even if I paid it? Link to comment Share on other sites More sharing options...
bat696 Posted November 17, 2005 Report Share Posted November 17, 2005 the lender will not want to work with you, if the lender is a local bank, but a mortgage broker can get the deal done foryou!!! i am a mortgage broker, i might be able to help you, depending on what state you are in?bat696 Link to comment Share on other sites More sharing options...
bomtrader Posted November 17, 2005 Author Report Share Posted November 17, 2005 uh, just refied but thanks... Link to comment Share on other sites More sharing options...
tryingtodigout Posted November 17, 2005 Report Share Posted November 17, 2005 Cap1 is very hard to negoitiate with. They keep good records and don't PFD. More than likely once you pay the bill, they will just note that you paid but the lates will remain. Link to comment Share on other sites More sharing options...
miracle Posted November 17, 2005 Report Share Posted November 17, 2005 I would start sending out goodwill letters as soon as you pay it off to see if they can "adjust" the late payments. Link to comment Share on other sites More sharing options...
bomtrader Posted November 18, 2005 Author Report Share Posted November 18, 2005 Thanks for the info. I'll go ahead and send off the goodwill letter. Link to comment Share on other sites More sharing options...
sizax Posted November 18, 2005 Report Share Posted November 18, 2005 bat696 - You can assist in getting late payments removed. please email me and maybe we can work something out. IM in Californiapharoh_god@comcast.net Link to comment Share on other sites More sharing options...
Recommended Posts