What does the term"revolving"mean on a credit report?

Answer Revolving credit on a credit report refers to accounts, usually credit cards, that have a maximum amount of extended credit and a minimum payment (including service charges) due at a specific time ... Read More »

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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 Does it Take for Credit Requests to Fall Off the Credit Report?

Most items on credit reports do not remain forever. The Credit Infocenter credit repair website explains that most negative things, like late payments, charge-offs and repossessions, are erased aft... Read More »

How long does it take for credit requests to fall off the credit report?

Credit inquiries will remain on your credit report for two years. However, the FICO credit score only takes into consideration inquires from the past 12 months. Only inquiries generated as a result... Read More »

When does a credit card balance show up on a credit report?

Anytime a person borrows money, whether it's a credit card charge or a loan from a finance agency, it is reported to a credit bureau almost immediately. When payments are made, your credit report ... Read More »