Collections
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Can Collections Be Removed?
- March 11, 2020
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
No CommentsThis is a very frequently asked question – It is possible to have a collection removed from a credit report? The best answer would be…sometimes. A lot depends on the type of collection, the amount of the collection and the policies of the collection agency. Technically, a collection will stay on a credit report (paid
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A Little Help
- July 14, 2016
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Effective June 15, 2016 some consumers will start to see a little relief on their credit report as it pertains to certain collections that will now no longer be able to be reported. These are debts that “did not arise from a contract or agreement to pay.” This would include library fines, parking tickets, speeding
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Creditors That Don’t Report to the Bureaus Can Still Affect Your Credit Score
- November 6, 2014
- Posted by: Joel Firestone (G-Net Consulting)
- Category: News
Most people have cell phone bills, utility bills, rent payments,etc. While the majority of these do not report to the bureaus they can still affect your credit score if you become delinquent on them. Once you are past due on any of these items after a certain amount of time, they will be turned over