Most lenders will accept documentation proving the account has been paid and won’t require those changes to reflect on your credit report before proceeding with a mortgage application. … If there are any collections on your bureau, you can implement a plan to fix the problem before applying for aRead More →
Collection agents act as liaisons between businesses and customers to collect debts and resolve outstanding balances. Their responsibilities include developing payment plans, locating debtors in order to begin the recovery process, and negotiating debt payments. Can I ignore collection agency? Ignoring or avoiding the debt collector may cause the debtRead More →
The short answer is no, at least not in that way. Credit card issuers typically don’t accept credit cards as a regular payment method. Rather, they generally request that you make your payment using your checking or savings account, or with cash or check at a local branch, ATM, overRead More →
Information About Bank Levies If the IRS levies your bank, funds in the account are held and after 21 days sent to the IRS. Can the IRS levy after 10 years? Generally, under IRC § 6502, the IRS will have 10 years to collect a liability from the date ofRead More →