Hard Inquiries are reported on your credit report when you apply for a credit card, auto loan, or mortgage. These inquiries remain on your credit report for two years, and if you have more than 4 inquiries, most lenders will automatically deny you.

Accounts are closed and sent to collections when they are past due. Collection accounts are reported on you credit report and can affect your score by ~100 points) Charge Offs (Creditors change your account status to "Charged Off" after you have missed multiple payments and they believe you will not pay it back. This does not absolve you of the debt you owe, and if the balance isn't paid it can greatly affect your ability to be approved by future lenders.

Late payments are reported after 30 days of no payment, which is then reported to the Credit Bureaus. We dispute late payments based on inaccurate reporting or through Goodwill removals

Bankruptcies stay on your credit report for 7-10 years and are warning signs to potential lenders. Most creditors immediately deny an application when a bankruptcy is on your credit report