James asks… Bad credit history goes on credit report for 7 years, but when does the 7 years start? financial answers: The bad credit history starts from the day when you do not pay bills on time and stays on your credit report for 7 years and 180 days. If you did not pay July [...]

Lisa asks… Does having a corporate credit card positively affect/reflect on your personal credit rating and score? My corporate card has my name and the company’s name listed on it. (Credit limit is really high). Since the company will diligently pay the bill every month, will that reflect on my personal credit rating? financial answers: [...]