debt collection notice was asked to be sent by Ebay.
2006-09-16 03:41:54 · 6 answers · asked by opera9362 1 in Business & Finance ➔ Credit
ITs not the Notices that effect you; its the failure to pay any credit which may be reported and effect your credit. It stays on your report even after its paid.
2006-09-16 03:49:43 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Sure it does, but what does Ebay have to do w/ the price of rice in China? If it is a debt that is not being paid, it will show up on your credit report, which is not a good thing. Try making a loan, and you'll learn real quick they won't give it to you.
2006-09-16 03:46:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes, they do. Eventually you won't be able to have any credit extended to you. You could try to call the collection agencys and seeing you can work something out.
2006-09-16 03:52:48 · answer #3 · answered by Mindy 2 · 0⤊ 0⤋
oweing debt will cost u money in the long run. whenever u apply for a loan..either u will not get it or u will get it but they will charge a chit load in interest rates. go out and try to buy a car and u will find that out.
2006-09-16 03:51:52 · answer #4 · answered by tamalekingpin 3 · 0⤊ 0⤋
all bad credit goes on your credit report lasting for 7 years
FICO score will decrease
2006-09-16 03:47:23 · answer #5 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋
u wont get any
2006-09-16 03:43:01 · answer #6 · answered by sleepwalker69 6 · 0⤊ 0⤋