The default status stays on the credit report for years, making it difficult to get new credit. Hence, an individual must avoid default. If a default happens, the individual must take steps in ...

It may be handed over to a debt collector and can stay on your credit report for up to seven years. It is best to avoid ...

Behind every lending decision lies your credit report—but there is more to it than lenders admit. Here's what you need to ...

Here are 4 steps you can take to clean up your credit report so you can increase approval odds and receive the best rates on credit cards and loans.

It is recommended to check your credit report at least once in a year. And if you happen to spot a mistake, it is important to get it rectified at the same time ...

Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday. However, the debt outlook for millions of student loan ...

The CIC will remove the default status in the credit report and change the loan/credit card status to close. It may take a few days for the status to get updated in the credit report.