If I Pay A Collection Will It Stay On My Credit Reports For Seven More Years?

If I Pay A Collection Will It Stay On My Credit Reports For Seven More Years? Credit Monitoring by John Ulzheimer Share Share Email I recently received this question from a reader regarding how to deal with old unpaid collections. “John, I am applying for a mortgage loan and the loan officer is telling me […]

Will An Eviction Show Up On My Credit Report?

Will An Eviction Show Up On My Credit Report? Auto Loans by John Ulzheimer Share Share Email An eviction from a rental property is not reported to the three consumer credit reporting agencies – Equifax, Experian and TransUnion. But (there is always an exception) this information could be reported as a collection or judgment on […]

Will My Scores Go Up When I Dispute My Credit Report?

Will My Scores Go Up When I Dispute My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email I received the following question last night from a Facebook friend: “John, I want to ask a question as you’re the only person I believe regarding this.  (name withheld) says in a video that an “account […]

Will it hurt my credit if I’m denied for a loan or credit card?

Will it hurt my credit if I’m denied for a loan or credit card? Auto Loans by John Ulzheimer Share Share Email When you apply for credit, the potential creditor reviews your credit report and this act is recorded on your credit reports as an “inquiry.”  This inquiry simply indicates that you’ve applied for credit […]

Will Settlements Hurt My Credit?

Will Settlements Hurt My Credit? Credit Cards by John Ulzheimer Share Share Email I received the following excellent question from a Twitter follower yesterday.  You can follow me on Twitter at @johnulzheimer. “John, I have about $8,000 in credit card debt and a company called me telling me that they can help me settle that […]

If I Apply For A Job Will The Employer Pull My Credit Report?

If I Apply For A Job Will The Employer Pull My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email “John, I just got a job with a local bank and they pulled my credit report before they hired me. I wasn’t thrilled about them doing this but I wanted the job so I […]

If I am late on only one payment, will it hurt my credit?

If I am late on only one payment, will it hurt my credit? Civil Penalty by John Ulzheimer Share Share Email One isolated late payment can impact your credit, but it depends upon how late you were on the payment, which credit score is used and just how late you were.  Some scores will give […]

What Credit Card Balance Will Show Up On My Credit Report?

What Credit Card Balance Will Show Up On My Credit Report? Credit Cards by John Ulzheimer Share Share Email Q: John, I was reading a couple of your articles and I have a question.I just opened a credit card with a pretty low credit limit, $2,000.  I know I need low credit card utilization or […]