locotrentrece asked:


how long do the following items stay on credit reports in terms of years?

1. late payments
2. sent to collections
3. closed accounts by CONSUMER

Also, how much do each of the above contributing factors lower a credit score in terms of points?

Assuming you begin to have a “perfect line of repayment” How long does it take for a credit score to come back to a higher level? months? years?

EDMUND

erica19771996 asked:


I just want to know exactly if I have good or bad credit.

DEXTER

Bob A’a Facilities asked:


What is the process to obtain your 3 free credit reports?

TERRENCE

toastergnome asked:


My ex-husband and I divorced in 1998, I am now remarried with a different last name. He is now married to a woman with the same first name as me so now she has the exact same name I had when I was married to him. Can you see where the trouble begins?
So, I pull my credit report yesterday and find that there are 7 collection accounts on my experian report and 1 collection account on TU and 1 also on Equifax. I do my own “investigation” and find out that Experian has added my ex-husband’s new wife’s collection accounts to my report because we have similar names. Fine, but we don’t have similar date of births or social security numbers. I contacted Experian and have disputed these collections over the phone.
Now comes the hard part. I still had one common collection on all three of my reports and I knew it was not my bill. I called the Collection Agency to find out what information they had and sure enough it was my date of birth and my social security number. I then called the original creditor (a medical clinic) to find out what in the world was going on and to see if the New Wife was using my social security number. Turns out the bill was for her son and when she gave the billing clerk her name they pulled up MY old information instead and added the bill onto my account. The credit clerk at the clinic was very nice and said they would get it fixed with the Collection Agency. Meanwhile I have contacted all three CRA’s to dispute this collection account. I have worked very hard to build and groom my credit and it just makes me sick to think that somthing like this can keep me from getting the best intrest rates when I refinance my house. Have I done everything I can do to correct these mistakes? Is there anything else I can do to make sure these inaccuracies are removed?
Thank you all for your responses, I can’t pick a best answer because all of you had really good advice.

ENRIQUE

meehshelly asked:


Having a hard time finding employment, I have a degree and experience, but financially its been difficult and had to make ends meet. so bills are left unpaid. trying to get a job to pay back…any advice

KIETH

Kenny L asked:


How much capital is needed for startup and what capital expenditures are required?

RUSSELL

dude asked:


I would like to get a free credit report but I’m leary of putting my financial info on the net. - which service is best to use and is it actually free? Most important, is it safe?

TRAVIS

Pinto B asked:


When a person consolidate their credit card debts, why is it that it effects their credit? What does the consolidating agency write or report to a person’s credit file evey month? Does the consolidating agency and credit report company communicate evey month about report negative information a person’s financial situation?

***Thanks For Answering My Question***

LLOYD

Texas Girl asked:


My boyfriend, my sister, her boyfriend, and I are all getting a place together. We all must be on the applications. One of us has TERRIBLE credit, 2 of us have no credit, and one of us have credit but its not great. Other than that, our rental histories are good and so is everything else. Do we have a pretty good chance of getting this place??

AUGUST