How can a person though he/she paid his/her balances to the negative data bank, but still on the negative data

Question

How can a person though he/she paid his/her balances to the negative data bank, but still on the negative data

Answer 1

What in the heck are you talking about?

Answer 2

No idea what you are talking about.  Please try to word it more clearly.

Answer 3

Try explaining your question again. We lost you in translation!

Answer 4

By "negative data bank", I'm guessing that you mean the bureaus that report your negative (or positive) credit history.  If that's the case, then continue reading this answer.  If I've got this all wrong, then just stop reading my answer right now.

Any information sent to the three credit bureaus (Equifax, Experian, TransUnion) can legally stay on your credit history report for 7 years.  It doesn't matter whether it's positive or negative information.  It can stay there for 7 years.  Then it has to automatically "fall off" your report.

The exception to the 7 year rule is a bankruptcy.  Bankruptcy info can legally remain on your credit report for 10 years.

Also, the longer something is on your credit report, the less it affects your credit score.  So for example, an entry on your credit report that is only 1 year old has much more effect on you than an entry that is 6 years old.

If this is the correct answer to your question, then the next question that you need to ask is, "How do I repair my credit?"

Good luck to you!