Sentences with phrase «remain on your credit»

The filing remains on a credit report for seven to 10 years, although the impact decreases over time and your score will tick upward.

The hard inquiry will affect your credit score for 12 months, but will remain on your credit report for two years.

Missed payments remain on your credit reports for seven years, but decrease in importance as time moves on.

Accounts in good standing remain on your credit report for ten years after the date of the last activity.

Even if you do this, the record of your student loan default and the late payments will remain on your credit report for multiple years.

Once you pay off the debt, the negative item will remain on your credit report for seven years.

Late payments will remain on your credit report for seven years from when they were first reported.

The main thing to be aware of is bankruptcy filings and judgments because those remain on your credit report for several years.

So while the negative item will remain on your credit report for 10 years, you can still build an excellent credit history.

After that point, the charge remains on your credit card, and you can cancel, but the money is theirs.

Public record information Any publicly available reports on delinquent accounts, liens, bankruptcies, and lawsuits (a public record can remain on your credit report for a number of years, depending on the type of account).

Both short sales and foreclosures will remain on your credit report for seven years after they're settled.

Though a successful Chapter 7 petition will discharge your debts, it will remain on your credit report for as long as 10 years, affecting your ability to borrow.

Hard inquiries typically remain on your credit report for two years.

Bankruptcy remains on your credit report for 10 years.

Each hard inquiry drops your credit score by a few points and will remain on your credit report for two years.

Most negative information (like late payments) remains on your credit report for seven years.

Bankruptcy carries some significant long - term penalties because it will remain on your credit report for 7 - 10 years, but there is a great mental and emotional lift when you're given a fresh start and all your debts are eliminated.

If the company takes you to court and gets a judgment against you, then, the judgment will remain on your credit report for the next ten years.

If you file bankruptcy a second time it will remain on your credit report for 14 years.

Active positive information may remain on your credit report file indefinitely.

Your missed payments and most types of public record items will remain on your credit report file for 7 years, with the exception of Chapter Seven, Eleven and Twelve bankruptcies, which remain for ten years, and tax liens that remain unpaid, which will remain on your credit file for up to fifteen years.

This charge - off and any late payments will remain on your credit report for seven years.

A bankruptcy can remain on your credit report for up to 10 years, but its effect on your credit score can start to diminish the day your bankruptcy is discharged if you practice sound credit habits such as paying your bills on time each month, use only a small portion of your available credit and not applying for too much credit.

Although the debtor is able to start over, the negative action remains on the credit report for seven to 10 years.

Bankruptcy remains on your credit report for seven to ten years, but you may be able to begin credit repair within two years after filing bankruptcy.

So, if you have late payments or have been sent to collections, it will remain on your credit report impacting your score.

Debt settlement remains on you credit reports for 7 years (the same as filing Chapter 13) 2.

Although you can re-establish yourself after your bankruptcy has been discharged, you will have the derogatory notation of bankruptcy remaining on your credit file for up to ten years.

A bankruptcy will remain on a credit score for 7 - 10 years.

If you have been bankrupt, this will remain on your credit file for seven 7 years from the date of listing.

Jeremy account (s) sent to collections will remain on your credit report for 7 years.

So, with removal of the deed in lieu not an option, let's look instead at the possibility of obtaining a new mortgage while this negative settlement item remains on your credit report for the remaining four years.

A home foreclosure will remain on your credit report for seven years after it's been filed.

Sometimes, a creditor will fail to report the change from collections to discharged in bankruptcy, and the item will remain on your credit report - making your credit score dip even lower.

This information will remain on your credit report for seven years.

Each account remains on your credit history for seven years.

The information about your bankruptcy in Kitchener will remain on your credit report for approximately seven years from the date you file bankruptcy.

Should you default on the new loan repayment amount after the rehabilitation, the default will remain on your credit so it's important to be committed and able to pay the debt.

In fact, public record information, such as bankruptcy, can remain on a credit report for 7 to an indefinite number...

Most judgments remain on your credit report for seven years from the date it was filed.

Late payments remain on your credit report for up to seven years but have a smaller impact on your score as time passes.

Late payments will remain on your credit report for seven years.

Negative information could remain on your credit report for up to seven years.

The downside is that any delinquent payment history will remain on your credit report.

-- Collections can legally remain on your credit report for seven years from the date the account became delinquent.

What all of this can mean for you is that, despite the deed in lieu remaining on your credit report, once you manage to rebuild your credit score to above 700, meet the waiting period and mortgage application requirements, and, of course, have some cash to put down, you could find yourself obtaining a new mortgage within the next year or so, if not sooner.

This type of listing will remain on your credit file for seven 7 years.

A Chapter 13 remains on credit report for seven years from the filing date.

You'll be notified whether the data will remain on your credit report.