Experian Credit Report?

Author — Sat, 31 Jul 2010 14:25:20 +0000

ok i just turned 18 yrs old and i had a debt about a cell phone that i owned but once i turned 18 i paid it off.. but why does it say it'll remain under my creit for seven years,,,

experian says:
Credit reporting agencies like Experian are governed by the federal Fair Credit Reporting Act (FCRA) and companion state laws. The FCRA permits us to list positive information on your credit report indefinitely, although it generally remains up to 10 years. Accurate negative information - such as a late payment or an account turned over to a collection agency - can remain on your credit report for seven years. Bankruptcies may remain on your credit report for up to 10 years. Unpaid tax liens may remain for up to 15 years.

what does this mean? because evn wen i want to apply for a store card (like target, macys, bestbuy) or a credit card, they dont let me because they say i have an outstanding debt....

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Find Mortgage Refinancing Online

Author — Mon, 28 Jun 2010 14:23:59 +0000

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Lenders like to see that you can keep current with payment obligations for a longer period of time. They also like to see that you have built up equity. Getting a loan into one with a better rate can aid you achieve both of these tasks at the same time. By acquiring better rates and terms on your NJ refinance loan you can also free up money to pay other expenses, like credit cards and other loan installments. Paying off these items at a faster rate will help you to build a solid credit rating. Anytime you can get your credit card balances below 30 percent of your card limits, you give your credit rating a huge boost.

Credit Cards For Fair Credit » Tax Liens

Experian Credit Report?

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Find Mortgage Refinancing Online

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