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HomeCredit ForumImprove your credit score

How much will a judgment lower my credit score ?

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erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



8 Magic Points
 
 Posted on Tue Jul 29, 2008 12:47 am  
I think it is a shame that you have paid them all and in the end there is no positive result, they still stay on your report for the seven years, that is the same thing they would have done if you had not paid them.

I applaud you on getting them all taken care of, at least you can say that you did not fully walk away from the debt and not pay it.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Tue Jul 29, 2008 12:45 pm  
I am sure it took alot of work. Like I said i another post erb the credit world needs a complete make-over. Starting with the ticklers and how long a old paid debt can stay on as a negative. They are so worried about the credit world because of the effects it has on the economy and so forth. If they would revise some of these things they could help make the credit world a stronger and safer place.
 
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 411



10724 Magic Points
 
 Posted on Thu Jul 31, 2008 10:39 am  
Yes, as soon as you pay off the debt, it should go out off the credit report because sometimes we not only pay the original debt, but also a large sum of money along with it as interest. But the system is such that it stays on the credit report for seven years affecting our credit score. The only way to get the listing out of the credit report is to make the creditor agree for a pay for deletion agreement.
_________________
Best Wishes
Justin
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



8 Magic Points
 
 Posted on Thu Jul 31, 2008 11:17 am  
Yeah the original debt plus all the crazy fees on top of that, I agree it should come off your report or the length of time that it stays there should be shortened. Who makes these laws maybe we could advocate for this.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Thu Jul 31, 2008 12:23 pm  
That would be an idea. I can see leaving it on for a very short period of time but this 7 year thing is ridiculous. Many peoples lives changed drastically in a seven year period. Just because your a little down and out and having problems doesn't mean its forever. I know I look back at my credit record an d think "wow things were really bad back then". I say let it on there for a few months and then let the past be the past.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3133



5260 Magic Points
 
 Posted on Mon Aug 04, 2008 10:45 pm  
There you go, you will have to get yourself a cupcake and have yourself a little private party huh, LOL. It is call for celebration, a lot off your shoulders huh.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Tue Aug 05, 2008 1:29 am  
Maybe I will invite a bunch of people last minute and pretend the invitations got lost in the mail.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3133



5260 Magic Points
 
 Posted on Sun Aug 10, 2008 1:07 pm  
Just celebrate yourself, lol, it is your own little victory, so buy yourself a cupcake and sing a little praise, LOL. I am sure a lot of people would not understand anyway.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Mon Aug 11, 2008 12:54 am  
Probalty turn out to be a much better party that way. One thing about people these days is the UNDERSTANDING has gotten lost.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3133



5260 Magic Points
 
 Posted on Wed Aug 20, 2008 2:05 am  
Well, if they don't show up you can always have yourself one big pity party, LOL. I know that you are smiling when you are looking in the mirror these days, having this out of your way and off your shoulders.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Wed Aug 20, 2008 6:37 pm  
This much is true. I feel so much better mentally and physically since moving out here to the country and away from relatives. Before it was like having a monitoring system on you 24/7. Everytime my car would pull out of the driveway I could hear them saying "She leaving again? or where does she find to go all the time?" Evfen if I hadn't left for a week this is what I'd get. That or "Why didn't you tell me you were runnung into town. I needed some things. Guess I will have to go without." No Granny..put some gas in your car and do your own shopping. UGH!!!
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3133



5260 Magic Points
 
 Posted on Sun Aug 24, 2008 5:36 pm  
I hear you, it seems as if some people never have a dime to put in your tank but want you to run them all over the place.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3133



5260 Magic Points
 
 Posted on Sun Aug 24, 2008 5:36 pm  
I hear you, it seems as if some people never have a dime to put in your tank but want you to run them all over the place.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
erb1953



Joined: 31 Dec 2007
erb1953's page
Posts: 631



8 Magic Points
 
 Posted on Mon Aug 25, 2008 11:07 am  
Sometimes they just assume that when they are family that you are obligated to help them out, this may be the case here with fireyone. did you take her a lot in the past? I guess it would get on my nerves too if they were watching my every move and then talking about how much I run, how do they know where you are going?
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2843



1583 Magic Points
 
 Posted on Mon Aug 25, 2008 12:43 pm  
No never really took her anywhere (god what a thought!!). Just when her car was down I would ask if she needed anything. It started where even after it was fixed I was given a grocery list weekly. What mostly annyed me is she wanted her stuff on a seperate slip so I would have to do 2 orders. Then She never gave me the money before hand...only a check when I brought her up the goods and reciept. I really didn't have the extra cash all the time to wait until I was in town again to cash the check and get the money back Frustrating.
 
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