How bad is a repossessed car on your credit report?

Answer On One Hand: One of The Worst Flags On a ReportHaving a car repossessed is one of the most damaging pieces of information on a credit report. This means you missed too many payments in a row (usual... Read More »

Top Q&A For: How bad is a repossessed car on your credit report

How to Get a Collections Report Off of Your Credit Report File?

A collection report that appears on your credit report file can harm your credit score and borrowing ability. As a collection is typically an indication you failed to pay your bill on time or at al... Read More »

How long does a credit search stay on your credit report?

A credit search, or credit inquiry, happens when a creditor accesses your credit report from the credit bureau. Credit searches will usually stay on your credit report for 24 months.References:Cred... Read More »

How long do bad credit records that are past the statute of limitations stay on your credit report?

Negative entries on your credit report that are accurate will remain for seven years, with the exception of a bankruptcy, which will be reported for 10 years. The entries will remain on your report... Read More »

Why is it that in New Jersey your credit report determines your total premium and not your driving record?

You have been mis-informed. A credit Report does not determine your total premium, It is only used as one factor of many to determine your overall risk.Statistics have shown that poor credit does r... Read More »