Collection Agency – Advantage Credit

Late Payments and Revolving Balances

March 8, 2018 by gnetconsulting

Late payments and revolving balances are the two things that can do the most damage to a credit score. Having a late payment show up on your credit report probably makes sense but can revolving balances really have as much of a negative impact as a late payment? Absolutely. Let’s look at late payments first. … Read more

Length of Time Negative Information Stays on a Credit Report

October 13, 2016 by gnetconsulting

How long does negative information really stay on a credit report and how long will it affect scores? This can vary based on what the negative information is, but in most cases it’s going to be seven years. As it ages there will be less and less of an impact on a credit score, but … Read more