All Questions
42
questions
5
votes
1
answer
402
views
Will paying off a defaulted loan from 20 years ago affect my credit?
I defaulted on a loan 20+ years ago, which has since fallen off my credit report. My credit score today is excellent. If I were to pay the balance being asked for by the current debt owner/collector (...
0
votes
1
answer
129
views
How to maintain high credit score while opening too many credit cards?
Multiple credit cards have new user promo offers ($100 off first payment or similar).
I wish to take full advantage of these offers, and open about 4 new credit cards within the next year.
However, I ...
- 103
9
votes
2
answers
3k
views
Does a late mortgage payments hurt credit score if it was made within the grace period?
I'm a first time homeowner (USA) and just started making mortgage payments. My loan was sold to a different servicer within the first month of the loan, so I only made one payment to the first ...
- 232
1
vote
1
answer
197
views
Do secured and unsecured credit cards have a different effect on credit history/score?
I have a regular credit card from Bank of America, and I want to apply for another secured credit cards from capitol one and citi or US bank. What I want to know is:
1- Are there any differences ...
user109157
1
vote
1
answer
1k
views
Are there negative consequences to having multiple credit monitoring services?
I already have one credit monitoring service that I am not paying for due to a security breach somewhere many years ago. I am not 100% sure but I think it expires/ends in a few years.
My data was ...
- 111
0
votes
3
answers
541
views
As authorized user why is the credit utilization of the primary card showing in my report
My wife added me as an authorized user on her credit card account and I received a card with my name.
The credit limit is still the same and is shared.
I have recently started seeing it in my ...
- 1,936
-2
votes
2
answers
185
views
How can I force a reconciliation between VantageScore 3 and FICO® Score 8?
My wife's credit score via VantageScore 3.0 (via CreditKarma, which is based on TransUnion data) is 790.
In contrast, My wife's credit score via FICO® Score 8 is 670 (also based on TransUnion data)....
- 253
3
votes
2
answers
211
views
What is the most efficient way to dispute an invalid collection on a credit report?
I had a surgery and a ton of medical issues. All but one thing went through insurance. The healthcare provider for that one thing went straight to collections. I contacted them, and my insurance ...
- 131
0
votes
2
answers
527
views
Can U.S. car dealerships pull your entire credit report or just your FICO score?
In the U.S. can car dealerships pull your entire credit report, or just your score if you go into them to apply for a loan? Of all the research I've done, it sounds like its just your FICO score that ...
- 383
0
votes
1
answer
141
views
How do credit checks work?
How do credit checks work?
I am considering a loan to a person who doesn't have credit and isn't eligible to get a loan from a bank.
How does the logic of credit checks work? At least, I hope to ...
- 1,117
20
votes
1
answer
4k
views
If you put a freeze on your credit, will your credit score stop changing?
I have placed credit freezes at all three agencies in the US. I have existing debt that I am paying on time, will the credit freeze stop that activity from being recorded and helping my credit score?
- 301
1
vote
2
answers
281
views
How to remove a late payment from my credit report?
My boyfriend had horrible credit, so we bought a living room set with my credit, but when we broke up he decided to stop paying on it (even though he kept the couches) and I didn't realize till 90 ...
- 113
5
votes
3
answers
2k
views
Do I need multiple credit monitoring services?
I currently have credit monitoring through Experian and I pay extra for it to monitor all three credit bureaus. In light of the recent Equifax breach and Equifax offering credit monitoring for those ...
- 10.2k
6
votes
1
answer
133
views
Do lenders have a practical obligation for prompt/accurate credit reporting?
Joe had a high-balance loan from Acme Bank and paid it off. Acme reported to the credit bureaus about every 30 days during the loan, up until the day after the scheduled payoff. On that last day, ...
- 2,905
22
votes
4
answers
11k
views
Car dealer saying that they cannot see any credit information for my co-applicant. Could this be a scam?
A couple of days ago, I went to a Chrysler dealer here in Florida to look for a new car.
Being that my credit score is currently somewhat low (about 680), me and my wife thought that we could have ...
- 335