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Judgments

You are you allowed to dispute anything in your credit report that doesn't look
right to you under the Fair Credit Reporting Act. 
However, credit repair is not a
tool used to remove accurate and verifiable information.


Judgment Reporting Limits

A paid judgment will delete 7 years from the original report date and in many situations presents an excellent credit repair opportunity. According to the Fair Credit Reporting Act, an unpaid judgment will report for 7 years from the filing date or your states statute of limitations, whichever is greater. When you look at your states statute you will likely find it is 20 years and is allowed to renew its filing date (basically forever).


Negotiations of Judgments

In most cases we suggest that it is worth negotiating older judgments, rather than just paying them off. Often companies would rather settle for a lesser amount then never receiving any money at all and this holds true especially if the judgment has been sitting there for several years. First you will need to contact the company. 


Any negotiations that lead to a solution should be in writing to avoid problems later.







Quick Credit Clean LLC / QCC Financial Services
443-300-8722
Info@quickcreditclean.com

Quoted from The fair trade commission: “Credit Repair: How to Help Yourself You see the advertisements in newspapers, on TV, and on the Internet. You hear them on the radio. You get fliers in the mail, and maybe even calls offering credit repair services. They all make the same claims: “Credit problems? No problem!” “We can remove bankruptcies, judgments, liens, and bad loans from your credit file forever!” “We can erase your bad credit — 100% guaranteed.” The Federal Trade Commission (FTC) says do yourself a favor and save some money, too. Don’t believe these claims: they’re very likely signs of a scam. Indeed, attorneys at the nation’s consumer protection agency say they’ve never seen a legitimate credit repair operation making those claims. The fact is there’s no quick fix for creditworthiness. You can improve your credit report legitimately, but it takes time, a conscious effort, and sticking to a personal debt repayment plan. Recognizing a Credit Repair Scam Everyday, companies target consumers who have poor credit histories with promises to clean up their credit report so they can get a car loan, a home mortgage, insurance, or even a job once they pay them a fee for the service. The truth is, these companies can’t deliver an improved credit report for you using the tactics they promote. It’s illegal: No one can remove accurate negative information from your credit report. So after you pay them hundreds or thousands of dollars in fees, you’re left with the same credit report and someone else has your money. If you see a credit repair offer, here’s how to tell if the company behind it is up to no good”

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