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Until unpaid credit card debt is paid or ultimately forgiven, it is still owed. However, several factors can impact a debt collector’s ability to collect from you. Here are the two most important:
A balance transfer credit card can offer you many months to pay off high-interest debt in the form of a 0 percent introductory APR. But when that balance transfer period ends, interest charges are ...
If a collection agency bought your 10-year-old retail card debt and has started putting it on your credit report with a different date, for example, you may be able to remove that collection item ...
A balance transfer credit card can offer you many months to pay off high-interest debt in the form of a 0% introductory APR. But when that balance transfer period ends, interest charges are added ...
Type of debt. Length of time on report (after payoff) Credit card. Up to 7 years. Student loans. Up to 7 years. Foreclosures. Up to 7 years. Money owned to/guaranteed by the government
When a debt falls off your credit report, it doesn’t mean the debt itself disappears. Whether you still owe the money depends on the debt’s statute of limitations. This time limit varies based ...
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