Sentences with phrase «long delinquent debts»

Then there's the credit reporting time limit which dictates how long delinquent debts and other negative information can appear on your credit report.

Not exact matches

Re-aging a delinquent credit card account can be a great way to wipe out payment errors in your past, or it can be a way to reanimate debts that you are no longer legally required to pay.

Although your credit score may suffer in the short - term because of the delinquent payment status, debt settlement will likely help your credit score in the long run.

Re-aging a delinquent credit card account can be a great way to wipe out payment errors in your past, or it can be a way to reanimate debts that you are no longer legally required to pay.

Discussion: Under the commenter's proposal, an unlimited amount of delinquent debt would not be considered to be an indicator of an adverse credit history, as long as the debt represented less than 40 percent of the applicant's total accounts.

Some medical - based debt will be excluded from veterans» credit reports too, as long as it was paid down or settled before being deemed delinquent.