Friday, August 5, 2016

Why Are Accounts That Have Been Paid Off Still on My Credit Report?

Paying off a loan is a liberating feeling. But even though you’re finished with a loan when you make your last payment, that doesn’t mean the loan is finished with you. As it turns out, borrowed money makes a mark — good or bad — that can take years to disappear. Your credit report lists new and...


from NerdWallet
https://www.nerdwallet.com/blog/finance/credit-report-paid-off-accounts/

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