I was looking at my credit report today and noticed that there was an experation date by an old cell phone bill that i never paid----Dose that mean that after that date it will no longer afect you credit and be erased or dose that stuff stay on there forever.???
2007-03-28 17:58:28 · 5 answers · asked by jackalope 2 in Business & Finance ➔ Credit
And after that seven years it no longer afects your credit and no one knows or what???
2007-03-28 18:03:14 · update #1
Hi!
Well..in reality..it is *suppose* to be removed after 7 years.
However...such is not always the case. I just had to file a investigation with the two bureaus with the mistake..and I fully expect it will be removed. Some have dates..some don't.
The seven year rule applies, though....as long as you have not made payment arrangements and/or sent them a payment on the account.
Some try to play games..you just have to file a investigation if necessary.
Collection attempts can be made long after the record is off the credit report..just realize that. It is off the report..and if your state's debt statute of limitation rule has run out..they can't sue you..but may threaten to do so.
2007-03-29 01:22:59 · answer #1 · answered by Anonymous · 0⤊ 1⤋
in case you renowned a debt (i.e telephone the debt amassing company) it's going to be yet another 6 years to attend til it is going statute ! you're ultimate to ignore approximately them and not respond. in simple terms, ensure you alter your economic company account. Get someone-friendly one that doesnt require a credit examine, then they are in a position to have little or no threat of catching up with you. the only way a debt might properly be written off is that in case you have a disability. you need to provide debtline a telephone, they're very stable at coping with those form of issues. they are in a position to deliver you out scripts to deliver to the businesses, making token money of 50p each week reason you have maximum of alternative commitments. If a sequence agent is composed of your door, undergo in recommendations that they are no longer something particular. they haven't any powers and you're entitled to slam the door of their face and snicker jointly as doing so !! stable success ############ Re: will somebody take place at your door. they might, yet there is not any longer a lot they are in a position to do to be truthful! (till they have a warrant of sale or summit) They take diverse action for extremely some issues. issues like utilities (gas, electrical energy, community charge) have intense criminal outcomes, while issues you have on HP or credit are much less intense (catalogues, television's and so on) you need to artwork out a fee plan, and pay them at a 10 quid each week. it is your determination.. do no longer enable their crimson letters get to you nevertheless. they're worded to sound threatening
2016-11-24 20:54:00 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I think that it gets removed after seven years, but it is just the right thing to do to pay your bills. Don't wait until it is off your credit report, do the honorable thing and pay for what you took. When people refuse to pay for a service or a product it only raises the cost of the service or product for the rest of us. That is wrong. Keep your spending in check so that you can keep up with the bills you accrue.
2007-03-28 18:04:10 · answer #3 · answered by gigi 5 · 0⤊ 2⤋
It goes off of your credit history after 7 years.
2007-03-28 18:00:52 · answer #4 · answered by Jason 6 · 1⤊ 1⤋
listen to gigi ...a.k.a. the little vioce in the back of your head.
but if you don't listen then the answer is yes it goes away after 7 years because it is charged off by the creditor who can no longer report it to the credit bureaus. this does not mean the company can't keep records, it just means they can not report it, they can however share that info with anyone who asks for as long as they are in business.
2007-03-28 18:36:04 · answer #5 · answered by nyxcat1999 3 · 0⤊ 2⤋