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It is clear that accurate information in the credit report is important to everyone concerned not only for the person about whom it is concerned but to anyone else who may want to rely on it for decision making. As such it is important to understand how the credit report is compiled and the accuracy of the information and sources on which that compilation is made. How long does a creditor have to update your credit report after a bill is paid, Credit Report . Typically credit reports are updated monthly, but can take up to 90 days in some cases. Does a judgment remain on your credit report after 7 years, Answer . The Fair Credit Reporting Act states that a judgment may remain on your credit report for 7 years. If the judgment has been paid, the credit bureaus (such as Equifax, Experian and TransUnion) should reflect this in their credit reports.

• You’ve been a victim of identity theft


• Your mail has been tampered with or stolen


• Your full name, including your middle initial any generational suffix (e.g. Jr., II, etc.)


• Your credit card number has been stolen


• Information you provide us through customer service correspondence and general feedback


• You want to protect yourself from identity theft


• You’re subscribed to a credit monitoring service

How often does Kohl's update to credit bureaus, Kohl's updates monthly according to the credit customer service representative I spoke with today. Apparently they update on your statement date (the date your statement is ready for you to view online or mailed to you). They said it then takes the credit bureaus up to 5 to 10 days to update after that. I'd been calling Kohl's for a month trying to get an answer as to when they update and report to credit bureaus and I got 5 different answers, 5 different times.

The repossession then occurred in January 2003. This will stay on the credit report until September of 2008 for that 7 year period, regardless of when the loan winds up getting paid off. It can stay on the report a bit longer if it goes to court and the bank gets a judgment against the borrower. Say this happens in 2004, then that stays on the credit report another 7 years until 2011. Bankruptcies stay on 10 years while delinquencies and defaults stay on for 7 years. Video content you choose to submit to us, such as commentary about our products and services, testimonials, or other similar content you share through video. Non-Personal information. When you visit the Site, we may collect non-personal information, such as a catalog of the Site pages you visit. Non-personal information is generally collected through the Site from the following sources: server log files, environmental variables, crash logs, cookies, pixel tags and other similar technologies, mobile software development kits, advertising identifiers, device identifiers and information that you voluntarily provide.

Many are turning to financial advisors to help them to cut spending.

If you did not reaffirm your car loan but chose to continue to make payments can the loan company report you to the credit bureau if you're late with a payment, Answer . Our GA attorney never reaffirmed our home or 2 cars as he was supposed to. I learned several things about BK from this. There are several ways that these people are trying to cut back on spending and keep better records of their spending. Many are turning to financial advisors to help them to cut spending. Some are looking more closely at their bank statements and credit card statements to make sure that they are only purchasing things that they need.