753 People Helped
Member Since: September 2012
It is amazing how many people on this section think Credit Karma can do anything about your credit issues. They are just a clearinghouse that presents what the CRA's have on file. Please STOP putting ypur personal info in this blog for ALL to read. Order your credit report and dispute all the wrong info to the credit company and also to the 3 Credit Agencies. The address to every creditor is on your credit report. It will take months but start with one and work your way through it before going on to the next. They have 30 days to answer you. Ask the info be VERIFIED or removed. Most companies will choose removal because verifing is too much work.
ALSO - the guy that is upset about all his past closed store accounts - closed accounts - paid off or not - hurt your credit. And ask the one company who you paid late to just once to change that report based on timely payments for the year after - they will do it as a "good faith" favor to you - you just have to ask.
msdebello's response was:
Calls do not update an account. It will be resold to another collection company and stay on your credit forever.
msdebello's reply was:
But you still desperately need to learn how to write a decent sentence.
The "seven years" is not true. They can leave it on there forever as long as the debt gets resold - and they do that every 2-3 years.
All companies charge a "finance fee" - it is a scam because as soon as you miss one payment you are cancelled - they are not financing anything - insurance is month-to-month. Maybe someone, someday will bring a class action and save us all money!!
If it was delivered to your mailbox, it is ok to open it - regardless of the name. So don't worry.
Yes the system sucks - so how do we change it?
She can't take you off - the account has to be paid off and closed. NEVER cosign credit - you become responsible for it all.
Credit reporting agencies are private for profit businesses - they provide a service to lenders and so there are no "laws" regulating behavior. The laws applys to lenders of credit not reporting agencies. The only one they must do s give ou a free report once a year.They do what the are supposed to because they compete with each other for lenders business.
AND NOTE TO KC - they do not share information when you dispute - you must file a dispute with each one.