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Can a credit provider report a guarantor to credit reporting agencies based on the defaults committed by the principal?
Wiki User
∙ 15y ago
If you're talking about a cosigner, then yes. The cosigner's credit gets dinged also. Be careful about who you cosign for.
Wiki User
∙ 15y ago
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Do lenders have to report to credit agencies the same time each month?
No. Lenders don't "have" to report to credit agencies at all. Credit reporting is totally voluntary. There is no law which requires or compels it. The Fair Credit Reporting Act states that IF information is reported, then it must be accurate. But there is no provision that insists on reporting.
What are the names of the 3 major credit reporting agencies?
In the UK, Experian, Equifax and Call Credit
How do you get your credit report?
i get my credit report for three credit reporting agencies at ezcreditrepairsolutions(dot)com(slash)credit(dash)report(dash)score(slash) from different credit reporting agencies, They provide a lot of great information for improving your credit score, and it worked well for me.
If you pay off all of your credit card debt how long will it take for this to positively affect your credit?
Make sure that you leave a couple of cards open with small balances so that they will keep reporting to the credit agencies. IF you pay everything off, you will not have anything reporting to the credit agencies.
When can a person view their credit report for free?
Once a year, from each of the three main credit reporting agencies
What are good credit reporting agencies?
Credit reporting agencies are agencies who are dealing with credits.If you want to investigate somebody with regards to her or his previous credit performance, then credit reporting agencies are the place for you to approach.
Which are the three major credit reporting agencies in the UK?
In the United Kingdom, credit reporting agencies are known as credit reference agencies. The three major agencies in the UK are Experian, Equifax, and Callcredit.
Where can one find a list of court reporting agencies?
If you are looking for a list of court reporting agencies visit Stenosearch. It is a website that offers connection for legal support services, such as court reporting agencies. The site allows for both international and state searches.
What is the difference between a Consumer Reporting Agency and A Credit Reporting Agency under the guidelines of the Fair Credit Reporting Act?
there is no difference, it is the same. They were called Credit reaporting agencies several years ago, then the terms was changed to consumer reporting agencies as they are not used for more than just Credit Reporting.
What are the names of some important credit reporting agencies?
equifax
How do credit reporting agencies collect information?
Credit reporting agencies collect their information from several sources including direct investigations, trade creditor and banking connections, and public and insurance records
What are the three main credit reporting agencies?
Equifax, TransUnion, Experian
What are the 3 credit reporting agencies?
Nasdaq,Dow,and S&P
Are credit reporting agencies international?
There is no largely recognized agency that acts as an international credit bureau. The laws surrounding credit reporting are complex and would be very difficult to apply and enforce internationally.
What are the three nationally approved credit reporting agencies?
The three major credit reporting agencies in the US are Equifax, Experian, and Transunion. Most credit information will be reported to all three agencies. However, sometimes information will be found on only one report.
What do credit reporting agencies report and to whom?
Credit reporting agencies report your credit activities, such as paying bills on time, taking out a loan, etc. They keep track of this and make it available to anyone who requests it.
Where do credit reporting agencies collect their information from?
Credit reporting agencies collect their information from several sources, including direct investigation, trade creditor and banking connections, insurance records, and public records
