Legal Question in Credit and Debt Law in Texas

Credit Accounts

When is a credit account first considered negative according to the fair credit reporting act? Is it negaitve the first time it is 30 days late?


Asked on 2/18/07, 6:44 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: Credit Accounts

It's negative when a payment is due and not paid afterward.

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Answered on 2/19/07, 11:17 am


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