if you owe bank and is in the processes of paying them back but they have not yet sent a notice to the collector debt. Does it show up on your credit report
Consult with a debt collector. They have the legal qualifications to report to credit reporting agencies.
Yes, the information will be on the debtor's credit report.
A short sale will effect your credit score in a negative way. Your credit score will stay on your credit report for some years.
It wount be a collection aggency. But the city can put a judgment on your credit report that will effect your credit score.
A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.
if someone looks into your credit report, yes it will effect your credit score. it will reduce between 3-10 points.
Yes,it lowers your credit score.
The effect on your credit will depend on how the lender chooses to report it to the credit bureau. Sometimes a lender will be willing to report it 'paid as agreed' or 'settled' entry on the credit report rather than an actual repossession. If it is reported as an actual repossession or foreclosure it will be on your credit for seven years and negatively effect your rating.
Technically, you have already ruined it. They are just going to report it. If that is what you mean by threaten to ruin your credit, then yes they can. Legally.
Yes it can be relisted under the same name or under the new collector's name on your credit report. It is best to make payments or pay it off if you don't wish for it to appear.
No, but is will affect your credit report.
Repossessions do show up on your credit report, yes.