Account Receivables

Question by CHRIS C: Does anyone know of a reputable credit repair company for accounts already reported as bad debt? What I would like to know is how to clean up my credit report of items that have already been placed there. Best answer: Answer by no bodythose end up costing you more than if [...]

Question by Ann: If a bad debts are estimated at 2% of net credit sales, what amount will be reported as bad debts expense? Sales (100% on Credit) $ 950,000 Sales Return and Allowances $ 21,000 Accounts Receivable (December 31) $ 114,000 Allowance for doubtful accounts (before adjustment at December 31; credit balance) $ 1,000 [...]

Question by John F: Why is my apartment renter’s history not reported to help my credit? Why is it if you buy or rent a house or buy a car that is reported for credit? I have lived in my apartement since December 2002 and have never had a late payment, but was told renter’s [...]

Question by whatever: Secured credit card, which of those are reported unsecured? is Orchard Bank Secured MasterCard® reported to credit bureaus as secured or unsecured? What about Bank of America secured credit card? Best answer: Answer by lathom01All I’ve ever had was unsecured cards, and it doesnt specify one way or the other on your [...]

Question by : Chase reported my credit card acct 30 days past due in 2005. When does that disappear from my credit report? ? I must have missed a Chase/Visa payment in 2005 and it was reported to the credit bureaus. My account balance has been zero since then. Does the “30 days past due” [...]

Question by Infidel: If I pay a bill just one day late is it reported on my credit? Or does it depend on the specific company’s policy of reporting to the credit bureaus? Do some companies allow a window to pay before it’s reported and how would I find this out? Lastly, do late payments [...]

Question by clover: my charge off for credit card keeps being sold & reported on my credit report after 15 yrs I should pay ? or it will never go away & the credit bureaus says collectors can keep reporting if it keeps being sold if its charged off. why dont people understand this? Best [...]

Question by zionindust: Car Payment Reported Late for Month of April to Credit Bureau? Car payment due on the 7th of each month via ACH from checking acct. On 3/7, ACH was returned due to insufficient funds. Attempted to pay Honda Finance this money ($ 324/mo)online but wouldn’t allow me to establ new ACH acct [...]

Question by Brittany: MY olD landlord reported my husband to the credit bureau for incorrect reasons.? What legal action can we do to prove that they were unjust with their report. The only reason this came up is because we left early due to neighbors being noisy and the land lord did nothing about it. [...]

Question by ifeelsick: Should you pay after a company reported you to the credit bureau? Ok so I had a account with a cell phone company. I used them for 3 years then called in to cancel because I was moving and they did not cover my new area. Well they decided to keep it [...]