Are in attendance any mortgage lenders who doesn't do credit checks nor groundwork their approval on credit score?
Answers:
Most mortgage lenders will base your approval on credit score. However, there are a handful of lenders that lend base on the equity of your property. These lenders are referred to as "hard-money" lenders.
You can easily do a explore on the internet for these types of lenders, however, I do not recommend using them because their fees and rates are usually much higher than a "regular" mortgage lender.
Before you resort to such a lender, you should check out some sub-prime lenders. Sub-prime lenders specialize contained by providing home loans for people next to low credit scores; even sometime out of bankruptcy.
Other Answers:
Mortgage lenders will other check your credit score. However, within are lenders who will lend you money even if you have a low credit mark. You just hold to pay hight interest rate!
....Well presently do you really think they would be within business if there be !
Come on now, these relations aren't stupid and if you found someone that would act similar to they were going to do that next you had better beware !
probably not. They want to construct sure that they will get their money rear legs and won't have to foreclose upon the house.
Unfortunately, the mortgage industry have not rolled that product out. In some cases people don't hold any of the three scores, because they've never have a reporting liability (or loan, or credit card). There are lenders that will do mortgages based upon not have a score, but not if you do hold one and it's low. However, there are other lenders as very well that, if you have a low chalk up, may give you credit for have other strong factors, such as 5+ years on indistinguishable job, greater disposable income (income left over after your bills are paid), and length at residence. Good luck!
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check it out for yourself
Yes there diverse lenders who will lend with no credit score and have no have need of for a credit check. For example I am currently working on a client in NY who is 86 years outdated looking for a cash-out Refi. I am able to return with him qualified for an 80% Loan to Value, No Documentation loan with no credit score as well. The wall is just asking to see 3 alternate trade lines, for example:
-gas or grease bill
-electric bill
-phone bill or cable bill
Banks in this defence care more around the property then they do the borrower. It's in actuality pretty simple to get population qualified. You just call for to go to the right broker.
Regards,
Paul_Apex@yahoo.com
Check out Wells Fargo. They're giving home loans to informal aliens who have no credit and no social protection number. If you aren't an illegal, after I would stir the pot majorly if you are denied a loan based simply on not human being able to provide that information.
Yes near are some; known as "predatory lenders" contained by other words "buyer beware" when deal them.
Try probing at this site
http://online-mortgage-shoppers.com/
The search function here brings up some interesting results, rather time browsing this site may bring you the information you are seeking
Does anyone know if their are any gas credit cards that they own for folks next to fruitless credit.?
Answers:
You don't need angelic credit for one of those cards you need a opening so you can pay it stale!!
Other Answers:
How about a VISA debit card from your hill? Or purchase a pre-paid VISA card from a place like Walgreens (has an activation duty tho).
yeah at Sam's club i have one
Can't figure out your question. Please rephrase your sound out again.
No there aren't, however you can go and get yourself a "secured credit card" and use it for gas purchases as well as other purchases. Please look up the residence SECURED CREDIT CARD.Nothing ever helped me to repair my credit better than a secured credit card and time (it take 7 years for "bad" credit to dissapear or roll off of your credit history). Get 3 or 4 secured credit cards at once for an even better result.
try your local small gas station not a central one .smaller privately owned stations want your business and you have a better shot next to them.
ASK YOUR SELF THIS--
IF SOME YOU KNOW BORROWED MONEY FROM EVERYONE YOU KNOW AND NEVER PAID THEM BACK, THEN CAME TO YOU AND ASKED FOR MONEY AND SAID "I'LL PAY YOU BACK" WOULD YOU LEND THEM MONEY?? NO
WHY ON EARTH WOULD A GAS COMPANY GIVE SOMEONE A CREDIT CARD IF THAT PERSON HAS A HISTORY OF NOT PAYING THEIR BILLS? THEY HAVE NO SECURITY ON WHAT THEY GAVE YOU, JUST YOUR PAST HISTORY ON DEBT REPAYMENT, AND IF YOU HAVE BAD CREDIT (FOR WHAT EVER REASON) THAT MEANS THAT YOU HAVE A POOR HISTORY OF REPAYING DEBT.
CREDIT IS ONLY FOR RESPONSIBLE PEOPLE, ANY IF YOU DON'T PAY YOUR BILLS AND HAVE POOR CREDIT, THAT MEANS YOU ARE NOT RESPONSIBLE IN THAT DEPARTMENT OF LIFE.
SORRY FOR BEING BLUNT, BUT FACTS ARE FACTS.
YOU WILL PROBABLY NEVER GET AN "UNSECURED" GAS CARD AS LONG AS YOU HAVE BAD CREDIT.
GOOD LUCK
Yes, the Citgo Cash Card - it's prepaid. That's the best kind of "credit" card for relations with desperate credit, and there's no fee.
necessitate money until the bring to a close month.?
I have a dentist bill of $2000. cnd. I involve a loan inthat amount until the end of the month. They want money immediately or it will go into collections. I tried working beside them but they won't wait.Does anyone know where on earth I can get some backing. My credit is terrible due to unlikeable divorce.
Answers:
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Other Answers:
Will they do payments ?
They should work next to you to make monthly payments than defaulting on the bill. You could of late not pay and stop going to that dentist..
more credible that all dentists will work next to you to make monthly breakdown payments. you dentist sucks
Source(s):
www.creditcardtrio.com Start making payments. As long as you are paying them, no issue how small the amount and you have the canceled check to prove it, they can't do anything to your credit.
If you max out a secured credit card and are paying your monthly bill ON TIME Will you still know how to use it
Answers:
Only if the amount you're charging will not put you over your limit.
Other Answers:
If you variety the minimum payment prompt.
no not until the current debt is salaried and a new go together is put into the account I don't know-- but the interest rate is gonna eliminate you. Keep making payments, don't let the go together get too big, and as soon as your credit score is a touch better, get rid of that card! Most of those are 22% or something l ike that and that's messed up.
I agree yes however this could give them grounds to silver anything from your interest rate to you credit limit. Read your fine print I would recommend applying for a 0% no excise for transfer card and getting it compensated off completely previously the deadline for interest.
I don't see why not. If your smart you should make more that minium payments. this will show the credit card company your responisible personality. It looks better on your credit report.Where can i check my credit ranking for free online? I want to receive the chalk up rapidly!?
Answers:
you can't get your credit ranking for free, but you can get your credit report for free
Other Answers:
www.annualcreditrepot.com
It's free once per year.
sorry to say but i hold been a rather a few different websites and they all vote free then want you to earnings between $1-$5 by credit card....if you find one let me know.... Go to Yahoo force out. You can get some 1800numbers bad the internet make sure they are free. I wouldn't do it online though because someone may be capable of get your S.S. #. You can christen the number & they'll mail it to you within about a week.
go to what ever your credit is and look at your credit.
Get it here:http://www.ftc.gov/credit/
BTW, freecreditreport.com really isn't free. my dad tried it and u have to earnings 10 bucks. But, if u have ur credit report , u call for to have concluding year's reprt and log into experian.com.
Will my fiance's debt effect me when we grasp married?
We plan on getting married this summer but I am concerned about his debts. If he files for collapse will this effect my credit? I plan on keeping my last identify because we need my credit to remain uneffected. (But I'm not even sure if that make a difference).Answers:
Man do I disagree with most of this suggestion!
For starters, any debts that occured before you get married are not suddenly "shared" with you. They are his debts. The passageway it's going to effect you is if they (for example) try to repo the home or car. If you are living nearby, you lose the home. But what else did you expect? It's his home, bought under his credit.
Now, if you come into this nuptials with your home/car they can NOT touch it. His dub is not on the contracts, and in most states they can not place a lien on it unless his moniker is jointly on it.
Your credit does remain uneffected. Any property you own (unless surrounded by a community property state) is still yours and can't be touched by his creditors.
When I got married, my wife come with closely of "debt baggage", and creditors were hounding her something extremely bad. But I know the law! I put an ruin to that harrassment, and they couldn't touch ANY of my property or hurt my credit at all.
I spent the subsequent 2 years rebuilding her credit by co-signing on credit cards and a car loan. Now her credit is better afterwards mine!
I will suggest that he get the liquidation before you obtain married so you can get a fresh start as soon as possible.
Other Answers:
Not unless you hold your SSN on his debts.
Yes it will. Not sure if it will "effect" you, but it will affect you for sure!
No....it will. When you are married, both parties are responsible for both debts.
Yes, once you take married his credit and yours will be combined. So, if he has fruitless credit you will too......and if he files for bankruptcy you will be too.If you are not on those credit cards or loans that are affecting his credit then you will not be artificial.
Source(s):
Used to work in collections. That will depend on what state you're contained by. You'll need to check that state's law. In some, his debt will become yours when you marry, in some, if the debt is incurred formerly marriage it isn't yours. If he declare bankruptcy AFTER you're married, the probability are very, remarkably good it will affect you as powerfully. If he's going to do that, have him do it in the past you marry.
It won't effect your credit individually, but will affect YOU personally! Filing collapse does not solve anything. It's simply a quick fix to a bigger problem. Do you really want to hitch your star to a guy who have no idea how to touch his finances? That's a huge part of wedding ceremony. Let him dig himself out of this hole past you get married. After adjectives, he's the one who dug the hole in the first place!
Well if you marry him you particularly want to keep his and your finances seperate, such as dune accounts, credit, etc. I don't think his impossible credit should affect yours, I've known couples that be able to live conduct operations their finances by keeping them seperate.As long as you keep hold of your credit,bank & checking accounts,etc. contained by your name you own no worries-just don't let him run your credit up! Im not sure, but I dont contemplate so. Like if you want to get a vehicle or something you can just nouns it under your moniker only. Then in attendance is not reason for his credit to be brought up. But that a tough query.
Yes, his debt other has the skilfulness to drag you down. Remember, if you buy a house together and his assets get seized, they can nick the house, even though it is half yours. Don't go and get joint credit card accounts or anything near both your names on it. I know it sounds cold, but you hold to protect yourself. Especially if you get divorced, you don't want him or anyone else trying to win half your money.
yes, it will. when my husband divorced his first wife, she be given the 250 dollar jc penny bill, he was given 50 thousand dollars of other debt. he also have a 10 thousand dollar tax bill. in a minute while the original lenders of the 50 dont in actual fact come after me for money, if they take his tariff returns mine gets taken as in good health and it also goes to rate off his charge bill. also, there is no course i can buy a car or a house short his income claimed on the forms, but i can't put him on the forms due to his high debt. it will affect you greatly. and i kept my ending name when we married as economically.Changing your signature to his won't affect your credit one bit. Everyone has their own credit. The simply way it would affect you is if you guys jump for a Joint loan and both your SSN#s are being used.
You will other have YOUR Credit!
What happens is that his debt bemomes y'all debt. My friend married a guy near alot of debt and they cant afford to do anything b/c you both want to get rid of that piece thats eating your play money. Shes get the good credit that she can sign for things, but if he signs for something his credit make the interest rates more for the item as if she signed for it. She doesnt want to sign for things b/c its bad credit on her if they cant settle up for it.
Things like divorce is counted against your right credit.
I reccommend that you dont get married to him until he grasp rid of at least 75% of his debt, b/c 25% is small satisfactory to handle. My friend wishes she did.
Be sure to keep ALL financial matter TOTALLY separate! If you even are on one of his credit cards or bank accounts, you may be considered responsible for his debts. When you profile taxes, file married file separately. From the sounds of it, he should consider a conservator. Whomever is the best at managing money should have custody of adjectives except the pocket money and all the debit and credit cards. If your dear is unwilling or unable to live in a reasonable budget, you may want to review marrying him. I well-educated this lesson, painfully, by marry two deadbeats early surrounded by life. Now I am married to a man beside a great income and bad credit. But his credit is shooting up because I am managing his money. =)
Source(s):
Paralegal studies and personal experience It won't effect your personal credit, however you will be assuming his debts. Creditors can go after the "family" income and assets. Whatever money you own instantly turns to "family" assets the second you say "I do". Also at that point you get going to build "joint credit", that you need to verbs about. Keep within mind that you have approved to marry someone that has trouble beside money, that will not change basically because you get married. This will basis problems later between the two of you, so don't read aloud you were not warn.
yes. it does.
Source(s):
http://www.mtgprofessor.com/A%20-%20Credit%20Issues/when_good_credit_marries_bad_credit.htm
http://www.sa.utah.edu/personalfinance/handouts/documents/Whengoodcreditmarriesintobad.doc
http://www.goldenopportunities.tv/pages/information/LIFESTYLE/HOME_SELLING/278-1-2-05.htm
http://www.federalreserve.gov/Pubs/consumerhdbk/histories.htm
Even married, you remain two separate individuals with two separate credit histories. Your name don't matter, but your social guarantee numbers do.
However, your husband's creditors may attempt to seize your assets and take home claims on your income, depending upon the laws within your state and the cajones of their lawyers. It's a brazen move to attempt to force a spouse or a relative to fork over money, but it's a move that's be made, at times successfully. The best way to protect yourself is to save your assets separated (no joint accounts) and try not to own anything (ie, automobile, house) surrounded by common until his ruin is released.
I stipulation to know how to create my credit win sophisticated.?
I don't have any credit cards. Every type of credit that I have has gone to collections and have been bought and sold for yesteryear 7-9 years. I messed up my credit in college in need the knowlege of credit. I had a infant and never had satisfactory money to pay anything outside of my household bills. New bills would come up and I couldn't afford to pay packet them. I have a repo on my credit. I own many medical bills and student loans. Nothing have gone off my credit and I never made ample money to pay extra bills. I can't even afford cable. Collectors keep hold of pulling my report without my say-so adding to the amount of inquiries and my student loans are roughly to default. What do I do?Answers:
for more info you can dance to www.ftc.gov/credit
if you haven't already get your credit reports from the consumer reporting agencies: www.equifax.com, www.transunion.com, and www. experian.com
look over adjectives of them check for any inaccuracies or incomplete information, if nearby is you can send a missive to the agency the inaccuracy is on and dispute. The agency must investigate.
Consumer agencies must correct or delete inaccurate, incomplete, or unverified information.
You can also cut back "prescreened" offers of credit and insurance you find based on info contained by your credit report.
Once you have checked your reports phone call the companies you owe find out what the minimum they will accept. DO NOT progress into negotiations w/ them at that point they will try if it get out of hand swing up. Look at your paychecks and figure what is the most you can verbs out for your debt. Whether it be 10, 20, or 30 dollars for each money period. If you can just take out 20 per month next do that. If the least they will adopt is 40 dollars pay them every other month. 20 dollars from the first month and 20 from the subsequent month. They may give you a consideration for even trying to discharge. However, you still might get distasteful letters give or take a few what you owe. Don't let them get hold of to you. Do what you can w/o starving yourself.
If you enjoy a bank report see how much it takes to begin a savings picture and have a bi-weekly deposit from your checking into the money. That will help you liberate for emergencies.
I know it seem like the impossible but you'll hold to have self-control and persistance to get out the hole. Take it one step at a time. Its not going to be the subsequent 2-3 yrs before your free, money is tight trust me I know how you consistency. If it helps pocket a look at this book for your spare time "Rich Dad, Poor Dad" by Robert Kiyosaki. Its a pretty decent read and it will engender you think something like what more you can do to help yourself out.
Other Answers:
capably, you can write the three major credit companies, experian, equifax and trans association and dispute the accounts that are 7 years or older and they should run them off. A repo stays on for seven years. If you can't afford to be paid payments on the bills you owe, maybe you should try to report for bankruptcy. You still won't enjoy credit for seven years, but it might be easier.
Get a copy of you report and go through it. There is a hamper on how long things can stay on your report. Also dispute anything you can. Try getting a credit repair kit or book at your library it should offer details and samples letters/emails.
As for a poverty deferment on your student loans.
www.creditcardtrio.com
From detailed information you set out it appears you have received a free credit report as mandate by federal law and salaried to view your credit win. All the questions asked are answered within the documents received from the 3 major credit bureaus.
Source(s):
The 3 chief credit bureaus. Free credit reports are obtainable using the computer. <www.annualcreditreport> will donate information for free credit reports.
on my profile there is a association to a place that has workbook that says
"you will receive on the spot online access to our Exclusive Bad Credit Lender List and Credit Repair Kit. "
Do not default on your student loans....no issue what do not default...they will never stir away...you income tax return will be taken to payment it back...every return will be taken until adjectives are paid contained by full...it may take a year or two for them to start taking it...but prob not. Even if they drop from your report, they will hunt you down...it is an condition to the government and they will win their money. .. also, I don't know of anywhere you can include student loans in ruin...you can't in Florida. With adjectives of these problems the last piece you need to verbs about is your credit evaluation...you don't need credit...it lone becomes more debt...if you can't reimburse your bills now you won't know how to pay alien debts either...living on credit to discharge your regular bills is a short term solution at best...get hold of in contact beside the Consumer Credit Counseling Service in your nouns...they are non-profit and will make arrangements for you to clear manageable sized payments on your bills...It might rob a while to pay them stale, but it's better than being haunted by the parliament for the rest of your days...also, if you are really in that thoughtful, why don't you apply for food stamps and subsidized housing...how can you afford Internet and a computer...or are you using a friends? If you are working on your own computer and Internet...sell the computer stop your service and use the money to pay your bills...contract with collections next...deal beside the student loans now! Call them today and consent to them know what's up...they may be able to minister to by postponing payments or consolidating your loans with income sensitive repayments...simply as it sounds...only what you can afford, but no smaller amount than 50 dollars a month.
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I don't hold any credit. What's a apposite undisruptive course to start to earn credit?
Answers:
It took me years to get my credit within good standing. I tried to grasp a credit card and it took months before one would even endow with me one. If you don't know how to get your credit report, you are allowed 1 per year. If you enjoy a letter of person denied already, copy and send it to respectively of these Credit Bureau's, these are the addresses I enjoy, and you wouldn't believe all the crap that be on mind. You really have to push them to go and get stuff off, but it is worth is. My credit finally get cleared. Hope this helps.
CSC Credit Services
Box 981221
El Paso, TX 79998
Experian
P. O. Box 9595
Allen, TX 75013-9595
Transunion
P.O. Box 1370
Buffalo, NY 14231
Other Answers:
First swot everything you can about credit. You are going to enjoy to apply for a credit card and keep your stability less than 50% of the consideration. Always pay it prompt and keep it unambiguous. Go to myfico.com. It will tell you in the order of credit and what score is devout to keep.
Start next to a bank explanation and check book. Debit card through your local bank. They are more imagined to give you a credit card through their wall since you are their member contained by good standing. If you are starting stale and have no credit history? you can deposit money $100 or more surrounded by to your savings report for what they called secured credit card. They hold that money and earn interest and distribute you a credit card based on the issue of you deposit.
Best luck
Source(s):
www.creditcardtrio.com
I think the best track to start your credit is by opening a checkings article. Once you open that explanation, you can start applying for the department store cards; like JcPenney, Macys, Mervyns and so on. This should seize you started... but dont expect this to happen contained by a matter of days... but apposite luck.
dont do what i did. I got so exited to hold a credit card and then a moment ago kept applying for more... until i got surrounded by debt... its not that much, but still its not good. LEARN EVERYTHING YOU CAN ABOUT CREDIT BEFORE OPENING ANY CREDIT CARD ACCOUNTS. oh yeah, and try to obtain the credit cards with the lowest interest rates and no every twelve months fee.
what is an investment and how do I start? How does a party win polite credit? A nice house?
I like to spend money and use my credit card. I don't know how to amass money. Does anyone have adjectives sense and tell me what I should do?Answers:
Well first of adjectives start small with a secured credit card. Check near your local bank. Never spend more than what you can afford and enjoy money in mitt to pay your credit card bad by end of the month.
Budget yourself and remember that credit they tender you.. you have to money it back. Interest on them are greatly high.
Other Answers:
Start a retirement program and treat it close to a monthly bill that you have to repay. See a retirement specialist.
To reclaim money, you have to repay yourself first EACH pay check. Open a stash account you will not touch for a year. Deposit
$ 20.00 a week beforehand you spend a cent of your pay check. STOP using the credit card for a while. If you can not afford to discharge cash, you don't entail the item that bad. You MUST take-home pay more than the minimum balance, or you will NEVER compensate it off.
Tell me adjectives give or take a few corporate nouns?
Answers:
Any financial or monetary activity that deal with a company and its money.
Other Answers:
What almost it? What would you like to know?
You can find many ebooks online for free concerning corporate finance. Search on G00GLE..
Source(s):
www.creditcardtrio.com
Have you hear of this credit repair company?
Has anyone heard of 3rd Eye Inc.Answers:
TO be genuine honest with you. CREDIT REPAIR company are not that angelic. The money you give them to relief you could be use to pay wha you owe. You would be better sour doing it your self. Please go to daveramsy.com he have alot of information that can help you and show you how to be debt free
Other Answers:
no sorry i don't every remember audible range that name beforehand.
be careful,receive sure they are a good company formerly you deal near them,,,,,,,,,,,,,,,,,,,,,,,,,,... luck
http://www.3rd-eye-inc.org/
http://www.bbbonline.org/cks.asp?id=106051183135
Which is the best channel to deal with a credit card surrounded by direct not to incur so much interest?
Answers:
Only spend money you actually hold by using a debit card (that has a Mastercard or visa logo on it) to be precise attached to your own personal checking account. That bearing you avoid spending money you do not have along next to the heavy interest on borrowing money.
Poor financial form is the plague of the 21st century. Why? Because NOT ONE of us were ever qualified in university how to effectively manage our money, or our time! This have caused snowballing debt, bankruptcy, business failures, divorces surrounded by record numbers and it have destroyed the retirement dreams of millions.
The Financial Freedom Society's mission is to help stamp out those social diseases by providing affordable training, monthly coaching, and professional services and tools to the masses.
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Other Answers:
Pay sour your balance every month.
pay it bad in full every month! don't use them or use them once a week...it's best to income out fully instead of incurring interest.
Pay your bill ontime
save it paid stale every month or at least foot over the minimum payment, anything over minimum adjectives comes off of the set offPay past its sell-by date balance respectively month.. do not be late or they will increase your interest rate and administer you late tax.
Just remember to budget yourself and treat credit like bread.
Source(s):
www.creditcardtrio.com DON'T USE IT.
What is the difference between simple interest and compound interest?
Answers:
Simple interest is based on the consideration just whereas compound interest is accumulative.
Other Answers:
In simple interest, the interest earned within each term is calculated on a fixed interval. For example, 100 units at 10% per annum calculated every year would earn 10 unit and 10 units over 1st and 2nd year: same amount every time of year.
In compound interest, the interest is calculated on the latest principal, which includes any interest accrue. In the above example, the interest in the 1st year would be 10; same as simple interest. However, for the second spell, the interest would be 11, calculated on 100+10.
Simple Interest is calculated at the end of the loan interval. You have borrowed $1,000 @ 5% interest for a year. You will owe $1,000 principal and $50 simple interest.
Compound interest is calculated day by day or monthly, and until the loan is paid sour, you owe interest on the interest. Compound interest will cost you more in the long run.
Simple Interest calculation refer to a type of interest calculation contained by which interest earnings are calculated singular on the principal (original) amount of the investment. For example, a $100 investment in a nest egg account earn 5% per year would grow to $115.00 in three years.
Compound Interest calculation refer to a type of interest calculation surrounded by which interest earnings are calculated not just on the principal (original) amount of the investment, but also on past interest profits that are assumed to have be reinvested at the same rate. If the sum of money is invested for multiple years, interest salaried is reinvested and future interest payments copy interest earned on both the principal and olden times interest earned.
Source(s):
http://www.uwf.edu/rconstand/5994content2003/T2-TimeValue/T2-TimeValueP03.htm
In simple interest, the interest is calulated at peroidic intervals on the outstanding principal but the said is not added support to the principal.
In compuound interest, the interest is calucated and added to the principal.
what's niggardly annum ( interest rate)?
Answers:
total interest rate that you have to retribution in a year.
Other Answers:
the total interest rate for a specific amount that u own to pay contained by a year
total interest rate you have to income within a year
Source(s):
www.creditcardtrio.com
How long can a charge rotten stay on my credit dictation?
A credit card company is still showing a charge off even though we agreed to a settlement and I remunerated them (less than the total amount owed). The settlement was surrounded by 2003, almost three years ago, can they still show the account currently contained by Charge Off status?Answers:
7 years. If you paid it within full. Just dispute it with adjectives 3 credit companys and the reason for dispute is " salaried in full ". You can do this online or over the phone.
Other Answers:
Yes, if they charged rotten any of the outstanding balance, they can verbs to report it as long as they wish. The statute states that items remain on your file for 7 years AFTER the later date it was reported by the creditor. As long as they are likely to keep reporting it, it will remain on your report. The only track to resolve it would be to pay the amount that be charged off, and even after, it will show for 7 years that you paid the charge sour.
This is the reason I save preaching to people NOT to money anything unless you have a WRITTEN agreement near the creditor to remove negative information from your report.
Once you achieve your bill paid, at hand is no incentive for the creditor to help you out at adjectives. They will even keep it on your report only to get even.
They do not rightfully have to changeover the report to "paid in full". They can show that it go through collections, was tardy, or whatever they want.
The debt stays on your register for 7 years from the DATE OF DEFAULT. Until someone can show me the law that say otherwise, I'm going by the Fair Credit Reporting Act.
As Studly said ALWAYS get any agreement surrounded by writing.
You can try re-contacting them and maybe they will budge but if it wasn't contained by writing you will have a tough time.
You can also dispute it near the credit bureaus if you believe it is being reported incorrectly.
Good Luck