Full Name
Day Phone
Mobile Phone
Email
State	Choose a state Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington Washington, D.C. West Virginia Wisconsin Wyoming
Source	--None-- Yahoo.com Google.com MSN.com AskJeeves.com Other Search Engine

Does paying off past-due accounts neutralize their negative status?

The credit score associated with your credit report is determined by use of a very complex algorithm applying weighted values to many data factors. Very important is length of your credit history, the number and types of accounts you have on record, how much is owed compared to your total credit line, and how timely payments have been made.

Delinquency, collection activity, and charged off items do a great deal of damage to your credit report and may make credit repair a necessity. When these past dues are paid, or brought current, this pay off is usually considered to be recent activity.

Do not make applications for a mortgage or other new credit until many months after making payoffs.

Additional information is located on these pages:

• Do I Still Need To Pay My Bills? - You are still responsible for paying your bills even if you get a negative credit item removed.

• Does paying my bills restore my credit? - Paying bills will help improve your credit score.

• Equifax Beacon Validation Odds Summary - Table predicts the likelihood that creditor will go more than 90 overdue on a payment based on their credit score.

 

RMCN Credit Services

1611 Wilmeth Road, Suite B

McKinney TX 75069

(972) 529-0900 Office (972) 562-0225 Fax

Toll Free (888) 4-MY-REPAIR

Se Habla Español