Click to verify BBB accreditation
A+ on BBB
Community Chat
Community Area
Search:

Helpful Resources


Community




Creditmagic Twitter





Credit on Facebook



HomeCredit ForumCredit repair

Can a credit line stay longer on Credit Report if you want i

 Post reply  Start a topic
Author Message
Options
Print this topic
Invite a friend
Email this topic
  Bookmark online
Add to del.icio.us
Add to YahooMyWeb
 
seandobgondo

seandobgondo

Joined: 19 Sep 2009
seandobgondo's page
Posts: 5



112 Magic Points
Subject: Can a credit line stay longer on Credit Report if you want i
 
 Posted on Sun Dec 20, 2009 8:29 pm  
The only 2 credit lines I have are my car payment and my school loans. The student loans are about 5 years old now, before they run off my credit report, is there anyway I can request that they stay on for another 5 or 7 years, however long it is in Oregon. The account is all paid and closed, "paid as agreed". But I don't want to lose it from my credit report because it shows 3 years of good payment history. And can I do the same for my car payment when it's done and about to fall off my credit report, request to keep it on longer?
Plasticmind
Guest
 
 Posted on Mon Dec 21, 2009 12:03 pm  
Quote:
But I don't want to lose it from my credit report because it shows 3 years of good payment history.


I guess it will improve your credit score now that the the account is all paid.
See, once you've paid off your loan, you must have some fresh copies of your report in order to make sure that the payment history is being depicted correctly. I don't think your payment history will be deleted. If you come across any mistake you may write to the credit bureaus to include the credit reference with your report.
seandobgondo

seandobgondo

Joined: 19 Sep 2009
seandobgondo's page
Posts: 5



112 Magic Points
 
 Posted on Tue Dec 22, 2009 12:24 am  
Oh, I was told anything that is closed on your credit report will eventually fall off, good or bad.
In this case it is a good account, it shows 3 years of good payments. So this will stay on my report forever?
debranewell2008



Joined: 10 Oct 2009
debranewell2008's page
Posts: 594



99 Magic Points
 
 Posted on Tue Dec 22, 2009 3:45 am  
I really don't think accounts in good standing are removed just the not so good ones that are removed after 7 years. Not sure if they stay forever or not but I have one that has been listed for 17 years.

Quick Reply
Your Name
Subject
Message body
Page 1 of 1

 





Home|Contact Us|Terms of Services|Privacy Policy|RSS
* Disclosures:
  • Your personal details (name, email address and phone number) will be delivered to the company advertised on the Creditmagic after ve agreed to go for the counseling session by filling out the no-obligation form. However, it is your discretion to accept or reject their services.
  • Not all the creditors/debt collectors agree to trim down the outstanding balances, interests, and fees payable by the consumer.
  • Consumers working with the debt relief companies can still be sued by the creditors/collection agencies.
  • Debt relief services may have a diminishing effect on the creditworthiness of the consumer. The total outstanding balance may increase as the additional fees get accrued.
  • The overall amount saved by the consumer through the debt relief services is considered as taxable income by the IRS.
Page loaded in 21.049 seconds.