How do I put the past due balance that someone owes me money on their credit report?

Question

Small business and have a few clients that owes me money, and i would like to put this on the credit report.

Answer 1

Do you have a contract with them. If not your out of luck. If you have a contract take them to small claims court. When you get a judgment it will show up, and has more "bite" than just reporting it to the credit reporting agencies.

Answer 2

You should contact each of the bureaus directly. Each bureau has a website and should be able to give you more details on how to get set up. If you want to report to the bureaus you must pay a small fee. However, you don't have to report to all 3 credit bureaus.
You don't need a contract with your clients in order to report them. And you don't need the accounts reported to the bureaus before you're able to collect delinquent debts.

Answer 3

contained in the state of Texas, honestly no longer. your position is continually secure adversarial to judgments see you later because it truly is homesteaded and the monetary employer has no longer recalled your note. Your monetary employer account, pension, Social protection, or monetary employer account can't be garnisheed except for lower back baby help or the IRS. a good type of the time, if the mastercard employer is positioned out of the state, they could be able to't even take you to courtroom. they many times purely promote your account, besides, to bill gathering agencies who then attempt to carry at the same time. in case you visit courtroom and a judgment is entered adversarial to you, it truly is all it truly is....a judgment. The courtroom does no longer implement fee. After seven years, the judgment is dropped till the mastercard employer refiles the judgment. note, even with the reality that, that see you later because the judgment is pending, you'd be prevented from figuring out to purchase or promoting sources, at the same time with autos. I somewhat were advised that you'll't renew your motive force's license, yet i do not learn about that. i comprehend that purchases made with a mastercard are not to any extent further seen secured debt, or maybe if you filed for restructuring of debt, they'd be repayable at in problem-free words 50 cents on the dollar. good luck. mastercard organizations ought to nicely be somewhat demanding to handle.