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To determine your credit worthiness and history.
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∙ 14y ago
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How does a business report a customer to a credit agency?
THEY ARE MEMBERS OF THE CREDIT REPORTING AGENCIES. THEY PAY TO REPORT YOU AS A YOU CONTINUE TO MAKE PAYMENTS. CREDIT CARD COMPANIES, CAR LOANS, JEWELRY, CLOTHING CREDIT CARDS ALL REPORT TO THE MAJOR CREDIT REPORTING AGENCIES. THIS IS A WAY TO TRACK YOU AND HELP TO ACKNOWLEDGE IF YOU ARE A GOOD CREDIT RISK TO ANY AND ALL OF THE ABOVE.
How do credit agencies keep their information up to date?
Lenders, at their discretion, report the status of all their loans to the credit bureaus each month. The information that they report is not necessarily up-to-date or accurate.
How do you find out if you have any outstanding student loans?
== == == == Go to nslds.ed.gov to find out about federal loans. For private loans, check your credit report.
Why isn't my defaulted student loan on my free credit report?
Some lenders report to one or two credit agencies, others report to all three. Have you checked all three reports? If you need help with your defaulted student loans, this company can help you: www.defaultms.com
If you signed for a car loan for a friend does all theyre bad credit come on the co signers credit report?
No, but if she defaults on the loan then you will have to pay the amount due or suffer the consequences on your credit report.
Do student loans show up on your credit report?
yes, the private or federally guaranteed student loans will show up on your credit report. If you are delinquent or in default on your loans, you can get help with consolidating the loans at www.defaultms.com The loans will show up on your credit report, even if they are still designated as deferred. You will not owe anything until roughly 6 months after you graduate, and the loan status will change to active once repayment begins.
Is there any way to know if someone has gotten a loan using your ID?
Yes, check your credit report. All legitimate loan companies will report to the 3 major credit bureaus when they give out loans to consumers. If someone else used your identity to open a loan account, then it should show up on your credit report.
If you and your husband have joint credit card accounts why would nothing come up on a credit report using his SS number only under yours?
You would have to get a copy of his credit report from all three bureaus to answer this.
Where can you get your credit report from all three companies free?
You can get your credit report from all three credit companies by going to your local bank and asking a mortgage consultant to run your credit report.
Where can one get payday loans if one has bad credit?
The best place to go is 100 Day Loans. They come highly recommended. There reviews are all positive, and they offer many amenities that would help a customer that has bad credit.
Can adding a second card holder to your credit account affect your credit score?
Not if you are responsible for all of the loans or credit card payments on your credit report. But, if the second card holder is responsible for any payments on your cards, and doesn't make them, then it can cause your score to lower.
How can we have are credit scores checked ?
Equifax.com allows you to check all three of the reporting credit agencies. Many banks use this system to check your report for loans. All you have to do is fill out a simple form and it instantly shows you the length of your credit history, payments made and what your scores are.
