Posts Tagged ‘Delinquency’

How to Remove Collection Accounts From Your Credit Report

Chane Steiner asked: Collection accounts can remain on your credit report for 7 years from the date of the initial missed payment that led to the collection (the original delinquency date).If you haven’t paid your collection account yet, negotiate with the collection agency. Let them know that you plan to pay them off. You can [...]

How To Understand Fair Credit Reporting Concerning Unrelated Bankruptcy And Your Credit Report

Tim Gorman asked: Because bankruptcies remain no more than 10 years, credit reporting agencies use the date of original delinquency or, in the case of public records, the date of filing to determine when negative information is deleted. This adheres to the fair credit reporting concerning unrelated bankruptcy. The trend from this group of cases [...]