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?

RUSSEL

Sandra asked:


And does it show up on the co-borrowers report as well?

ARMANDO

richcu asked:


Does any one but me think its bull that one can be refused auto insurance or pay a higher premium because their credit score may be lower than some other guys. Why on earth are we letting car insurance companies get buy with this? Even auto insurance companies having access to our creit history makes no sence and is a further invasion of our privacy. This practice should be outlawed.
Again what does credit score and auto insurance have to do with each other?
kendrickflorida
A credit score is not based on just weather one has paid his bills or even on time. I for example probably have 40 different credit avenues. I owe lots of money to everyone but these accounts have been active 20 to 25 years, I have never been late for even one payment in all those years. I have the same auto insurance company now at 49 and started when I was 16 so thats 33 years. they have the ordassity to say to me that your credit score is lower than say Bill Gates so you will have to pay more even though you have been our customer for 33 years and are a good driver and had no claims. you think you get the same rate as bill gates? probably not. Again I say what does car insurance have to do with Credit score.

HERMAN

Sarai Z asked:


I dont have a credit or debit card and I need to check my credit score for corporate housing before I go back to my two jobs up north.. Does anyone know?

TYLER

Enigma M asked:


I have been pre-approved for a mortgage at this point. Neither of the previously mentioned debts are on my current credit reports with the three reporting companies. Both collection agencies swear neither account will show up as current since the accounts are more than sevens yrs old. If I pay, just how much of a hit will my score take? Both debts combinded are less than a 1000.

JULIO

demetrius asked:


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

BRAD

jessie asked:


Is there a site where you can check your credit report and not have to have a credit card?

ROGELIO

Kenny L asked:


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

MYLES

Snowflakes asked:


I’ve done it every year but now there are so many spam websites I can’t find it! Not the Experian one from the TV commercial.

RAPHAEL

Mami21 asked:


I was wondering when people check your credit if they consider medical bills from emergency rooms as debt? Or do they disregard that when considering you for a loan, purchasing a car, or house, etc.

CARSON