How long judgement stays on credit report?

Tue Mar 29, 2011 10:03PM

I have received several emails about paid judgment, credit report and score scenarios. They all go like this one, I have a judgement on my credit report which was satisfied 3 months ago and I thought it would be removed...

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Chase credit card late payment doesn't go away

Mon Mar 21, 2011 01:03PM

Q: I had a Chase credit card payment that was 60 days late almost six years ago. I have not been late since that time and always have paid at least the minimal amount required. I have written Chase...

Paid off debt is still on credit report

Fri Nov 5, 2010 01:11PM

Q: Why do I have already paid off debt showing on my credit report? My $1,100 debt with Target Visa was sold to a collection agency. I settled with them for $500 and got Paid In Full letter sitting...

623 letter to dispute credit record with original creditor

Mon Oct 4, 2010 09:10AM

The 623 credit dispute method is called after the FCRA section ยง623(a)(8) Ability Of Consumer To Dispute Information Directly With Furnisher. Furnisher of the record that goes on your credit account is the Original Creditor (OC) that reports to Credit...

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Follow up dispute letter to credit bureaus

Mon Mar 1, 2010 11:03PM

Q: I got a negative credit card record on all three credit reports that does not belong to me. Sent a dispute letter to the credit bureaus, so they would remove it. Got response from Experian after 3 weeks...

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Late payment letter of explanation sample

Mon Feb 8, 2010 10:02AM

As promised here is the sample, the late payment letter of explanation, tailored for a specific situation when the loan you cosigned gets delinquent. A cosigner often does not realize that the person he cosigned for, has missed a payment...

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Remove late payments from credit report?

Fri Feb 5, 2010 12:02PM

Q: I need to know how to remove two late payments from my credit report. Can you remove late payments to begin with? Or at least dispute them? I found a nice townhouse and applied for the mortgage, but...

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How to dispute hard inquiry, dispute letter with the creditors

Tue Dec 8, 2009 11:12AM

What can you do if there is a hard credit inquiry on report that you did not authorize? Well, the obvious thing is to dispute it. If you review your credit report and find credit inquiries you did not authorize,...

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How to dispute credit card charge

Fri Sep 4, 2009 04:09PM

How to dispute a credit card charge, depends on what is involved. I would break it on three categories - small charge credit card dispute, outright fraud and large purchase dispute. I personally have to dispute credit card charges several...

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Debt settlement is successful but Discover keeps status on credit report

Tue Aug 4, 2009 12:08AM

Q: I successfully settled $17,000 in credit card debt with my credit card company. I owed $7,300 to one bank - settled for $3,150, and $9,700 to another - settled for $4,000. While getting these debt settlement deals feels nice,...

How to remove a judgement from credit report?

Thu Jul 2, 2009 11:07PM

It is very hard if not impossible but often likely. Did I just contradict myself in one short sentence? Not really, read on. The only way to remove a judgement from a credit report, you need to first and...

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Free TransUnion credit report, FICO score and dispute

Wed May 6, 2009 02:05PM

Everyone should be monitoring his or her credit report as this is vital for a financial well being. You can get free TransUnion credit report, using your right on one copy of annual credit report a year, as well...

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Free Experian credit report, score and dispute

Tue Apr 21, 2009 12:04PM

You can get a free Experian credit report but not the score from Free Annual Credit Reports as everyone is entitled for one copy per year. Your credit scores can be purchased separately. But the quickest way is to...

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Free Equifax credit report and how to dispute with Equifax

Tue Apr 7, 2009 07:04PM

Q: How can I get Equifax credit report, and can I get it for free? I need to initiate dispute with Equifax as fast as possible. There is an incorrect negative information on my credit report and few inaccuracies...

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Medical dispute letter for credit reporting agencies

Mon Nov 24, 2008 02:11PM

Independent health care providers and hospital billing departments often make mistakes, especially if your name is rather common. In case if your credit report shows a medical account or two, that you want to dispute, here is the medical dispute...

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Charge-off on a credit report

Sun Nov 23, 2008 11:11PM

Q: I am currently going through a situation where I'll be receiving a Charge-off on my credit report. My good credit will soon be destroyed, to say the least. I was just wondering if Charge-offs and other derogatory accounts...

Credit card charge off with Capital One, 7 year reporting time and debt validation

Wed Oct 29, 2008 12:10PM

Q: I have 3 year old charge off on Capital One credit card account for $7,800. If I make a payment, will it reage and the 7 year reporting time start anew? The other question is, the statute of...

Credit report myths

Fri Oct 17, 2008 01:10PM

There are so many credit report myths and misconceptions circulating around that it's hard to figure out where to begin. It is important to know some of those, and I will try to cover as many myths as I can...

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Erasing or disputing cosigned student loan won't work

Tue Sep 30, 2008 11:09PM

Q: I cosigned for a student loan for my friend, it showed on my credit report and lower my credit score. How can I dispute or erase that cosigned loan from credit report? A: You can't do either. We...

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Remove bankruptcy from credit report - is that possible to remove a bankruptcy

Wed Sep 3, 2008 12:09AM

With the huge jump in bankruptcy filings our Inbox swells with questions from readers on how to remove a bankruptcy from credit reports before its normal expiration time. As you undoubtedly aware, Chapter 7 Bankruptcy stays for 10 unhappy...

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IRS lien release - can you remove IRS lien from credit report?

Mon Aug 25, 2008 11:08PM

Once you get IRS lien on your credit report, you can't just remove it. It stays for 7 long years after it is paid, showing as PAID. And your credit scores won't look pretty for a while. When it comes...

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Removing "Paid Collection" from credit reports

Fri Jul 11, 2008 02:07PM

Q: How can I remove Paid Collection? That was electric bill for $73. I wrote to the electric company, but they flatly told me no, they are not going to do it. A: Try to dispute it. Worse case...

Wrong bad credit record comes back Verified from Experian

Sun Jun 8, 2008 04:06PM

Q: We are in a dispute with Experian. According to Experian credit report, both my card and my wife's separate accounts with Capital One are 30 days late. The balances are wrong, the credit limits are wrong and we have...

Remove bankruptcy from credit report after 3 years

Thu Mar 27, 2008 11:03AM

Q: Is there anything one can do to remove bankruptcy from credit report after 3 years? A: No, Chapter 7 Bankruptcy stays for 10 long years on credit reports from the date of filing or the date of bankruptcy...

Hard inquiries on a credit report

Tue Mar 4, 2008 02:03PM

Q: Can the hard inquiries be removed from a credit report. I have way too many and they are affecting my credit negatively. A: No you can not. They eventually fall off - after 2 years....

Debts discharged in bankruptcy reported as LATE on credit report

Mon Feb 18, 2008 11:02AM

Q: I have declared Chapter 7 bankruptcy 2.5 years ago. I had account with Capital One which was discharged. Last week I obtained my credit report from TransUnion showing the same account twice - as INCLUDED IN BANKRUPTCY with...

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Duplicate accounts - accounts reported twice

Wed Jan 23, 2008 11:01PM

Q: Can one account by the same creditor be reported as two separate accounts? A: Duplicate accounts happen all the time. Normally the have very similar numbers, balances, credit limits, dates when they were open, and so on. It...

Bad debt reporting - collection agency & original creditor report the same account

Wed Jan 23, 2008 10:01PM

Q: Can the original creditor and collection company both report on the same account? A: Yes and often the status of the same account is different - collection agencies almost always report as CLOSED, but normally status is considered...

CLOSED account status

Wed Jan 23, 2008 10:01PM

Q: What does "CLOSED account status" mean, and how long can this stay on your credit report? A: CLOSED can mean few things, but normally, CLOSED accounts are accounts that are no longer available for further use. Closed accounts...

Can I remove Charge Offs before the time limit?

Wed Nov 21, 2007 08:11PM

Q: I've just begun the task of cleaning up my credit report, and your blog has been so helpful thanks, but I do have a question - If I have a charged off credit card account which is 4...

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Credit report shows Ex bad credit records

Tue Nov 13, 2007 08:11AM

Q: I have just received a copy of my free annual credit report and found several negative credit records that were not mine. These records belong to my husband ex-wife, who has a very similar, albeit spelled differently name....

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Illegal debt collection practices - the debts discharged in bankruptcy years ago magically reappear - do creditors forget to update credit reports on a purpose?

Fri Nov 2, 2007 10:11PM

Illegal debt collection has been going on since probably the first collection agency got its licence. But when it comes to respected banks and credit card companies, the whole idea of illegal debt collection practices seems so remote that...

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Withdrawal of federal tax lien - how to remove tax lien from credit report

Wed Oct 24, 2007 09:10PM

I was asked a question which in nutshell was - how to make the credit reporting agencies remove tax lien which was filed by mistake. Even after IRS issued withdrawal of federal tax lien acknowledging its error, the three...

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Charged off debt is reported 3 years after

Tue Oct 16, 2007 11:10AM

Q: I had this debt charged-off 3 years ago. Now all three of my credit reports show the Olympic Collection agency reporting the account as OPEN with opening date 2 months ago. Is this re-aging? A: No it is not,...

Balance with high balance on credit report credit card record

Sat Oct 13, 2007 03:10PM

Q: I just a copy TransUnion credit report. They have a section that states balance and high balance. In my balance section is $0, in my high balance is $1,398. This account is noted as charged off but I paid...

Credit limit shown on Experian report

Tue Sep 11, 2007 04:09PM

Q: I have a question regarding my Experian credit report. When viewing it, and I am a freecreditreport subscriber, it shows that my available credit is 0%. When in reality my available credit is over 30%. The reason is...

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IRS tax lien from 1991

Tue Sep 4, 2007 09:09PM

Q: I have a notice on my score that affected my beacon score, and cost me money on a lease. It is an IRS lien in 1991. This lien was removed by the IRS in 1991 but still appears...

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Credit dispute: the same repossession shown twice ...?

Fri Apr 27, 2007 11:04PM

Q: I cosigned on an auto loan back in November 1999. My ex took the car and was making the payments. I found out through a friend that the car was repossessed in early 2001. I have never been...

Reporting defaulted rent payments, unpaid bills to the credit bureaus

Wed Nov 29, 2006 11:11AM

Q: When a renter defaults on rent payments and also leaves me with her pending bills, is it possible to have that person reported to the credit bureaus? How do I go about reporting it to the 3 main...

Experian credit report - ways to obtain

Tue Feb 28, 2006 02:02PM

Experian credit report can be obtained absolutely for free with the credit score by simply registering for 30 day free trial for Experian service called Credit Manager You must cancel Credit Manager within the 30 day trial period, or you...

TransUnion credit report - how to get it

Fri Feb 17, 2006 11:02AM

TransUnion credit report can be ordered by calling Trans Union phone number at 800-888-4213. If you want to check your credit score, ordering TransUnion credit report is the wise move. Many lenders check this credit report first, when you apply...