Anyone With A Thorough Understanding Of Credit Scores

[skinzfan]

collection account affected by natural disaster fixed rate

.......?

By law, credit bureaus must list any debts and late payments reported by lenders. And credit scores are altered negatively whenever payments are not made on time.

They also have the option to add a special comment that the account was ‘Affected by natural or declared disaster.’ In some cases, they may be able to arrange for deferred payment. This means they do not report that you missed payments. Instead, your payment history is protected from reflecting missed payments if you are able to meet the new payment schedule as agreed.

 

[Cyder]

You probably have to dispute it. Like I said, there's a ton of wrong shit on credit reports. You have to stay on top of it.

These things baffle me. Mine was 835 and then dropped to 801 and explanation was that I had no revolving credit. I checked back in a month and it was back up to 831. So basically, I lost 34 points because I don't have any debt? I could swear my mortgage was a debt I paid every month?

 

[Thruthefog]

Debt is for people with an infantile inability to postpone gratification.

You're welcome.