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Can a repossession still be reported to your credit if the company has since sold the car?
Wiki User
∙ 16y ago
Yes, because reguardless of what the company did after they took back the car, the fact still remains that it was repossesed.
Wiki User
∙ 16y ago
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If you received a collection notice and the company stated they reported your account to the credit bureau on Monday if you pay it this week since it is the same week will your score remain the same?
If they reported your account to the credit bureau, your score will decrease whether you paid it or not.
If you're a non-American and leave the US for a few years and keep using your US-issued credit card abroad will your credit score come down since no US income is being reported to the credit agencies?
No, income isn't reported to the credit bureaus. Only credit history shows up on a credit report, so your credit score shouldn't be affected at all.
What credit score will a new green card holder have?
A new green card holder will be in the same situation as any other consumer that has not yet established credit accounts that are reported to the three main credit bureaus. Until you have a traditional credit account that is reported to credit bureaus, you will have no credit history. You will be known as an unscorable, since there is insufficient data to be able to adequately predict your risk of nonpayment on a credit account.
How do you contact the credit reporting company?
Since you have internet access, you can access their websites.
What is the difference between a foreclosure and a repossession?
They are virtually the same since you don't own that thing any more and they both badly affect your credit. The major difference is that with repossession your "thing/s" are taken away or repossessed by the original owner. With a house in foreclosure you have to leave/move away.
How do you get your mortgage payments counted on your credit score if you are on the deed but not on the mortgage?
Refinance the mortgage with you listed as a borrower. You will not be reported to the credit bureaus by being listed on the deed since you have no obligation to pay the debt.
I made a telephone payment and my payment was reported late to credit agency?
Apparently, the telephone company received your payment after the due date. Statements usually specify a "Due by" date. If you are mailing in your payments, it is likely you are not mailing it early enough to beat the "Due by" date. You need to mail the payment 5 to 7 days before the "Due date" to allow sufficient time for delivery. Since the telephone company reported the late payment to the credit agency, it is very likely that your payments have been reaching them late pretty regularly.
How does a company running a credit report hurt your credit score?
Too many inquires on your credit report can hurt your score since it may appear that you are applying for too much credit at once.
Can a co signer of a mortgage be taken off after foreclosure?
Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.Nothing can be modified in the mortgage after a foreclosure since the right to entry and sale has been exercised and the mortgage is no longer active. The foreclosure is final, it has been reported to the credit bureaus and once completed it cannot be revisited.
How do you get your ex's name off the title before you do a voluntary repossession so that her credit isn't affected since it's in both of our names?
you must re finance the car- which takes money- if her name is on it then you may want to see if she will help you since you are already under a repo- if you have missed any payments her credit is already effected
Is the credit repair company Lexington Law a reputable and trusted company?
http://www.lexingtonlaw.com/ Lexington Laws claims they have served over a half a million happy customers and repaired their credit. They have experience in lowering credit scores since 1991. They offer low rates and boosted credit scores.
Do you own a Capital One business credit card?
No since the Capital one business credit card is currently only for business owners, CEOs, or founders of the company. It is not available to those who are not business owners, CEOs, or founders of the company.
