9 Reasons Why Raising the Minimum Wage Is a Terrible Idea. Itâs time for economic facts, not fallacies. President Obama and congressional Democrats are pressing to increase the federal minimum wage to $10.10 an hour. Here are nine reasons why thatâs a bad idea.
Most times you cannot remove negative items off your credit list but you are able to have the negative item turned into a positive item. What you need to do is file a dispute with the credit card agencies I usually do mine online since it is easier.
In their collection attempts, debt collectors are allowed to report your debt to the credit bureaus to include in your credit report. 1  Anyone who checks your credit report will be able to see the collection account. Fortunately, the law limits the amount of time a negative account, like a debt collection, can be listed on your credit report. The credit bureau can only list past due balance on your credit report for seven years starting from the date of the delinquency. After that, the account should fall off your credit report, even if you haven't paid it. Other collection activity can continue even after a debt has fallen off your credit report.