answersLogoWhite

0


Best Answer

Yes.

Find out what car dealers don't want you to know at www.dealertricks.com

User Avatar

Wiki User

โˆ™ 2015-07-15 18:46:59
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: Does a lease appear on your credit report?
Write your answer...
Submit
Related questions

Will a cosigner's credit history appear on your credit report?

No


Does a car lease show up on your credit report as debt you owe?

Yes, a car lease does show up on your credit report as a debt you owe. It shows up just the same as a loan with installments would.


Is it correct for the loan amount of a foreclosed property to appear on a credit report?

what ever the balance was at the time of foreclosure will report on your credit report


If you cosign for an apartment lease will an amount show up on your credit report even though you are not the primary borrower?

A lease is not an agreement to lend money, but to accept monthly installments in exchange for housing over a period of time. Since there is no debt, there is nothing to report on a credit report. The leasing agency will pull both of your credit reports to make sure they want to offer you the lease, and it may create a small address variance on your report (this is unlikely to be of consequence and will not affect your score) unless they make the pull with your correct address. Nothing from your leasing company will appear on your credit unless you default on monies owed (leave without paying a portion of rent or a deposit). If that occurs, they will usually sell the debt to a collection agency that will report you to the credit agencies. A lease is not an agreement to lend money, but to accept monthly installments in exchange for housing over a period of time. Since there is no debt, there is nothing to report on a credit report. The leasing agency will pull both of your credit reports to make sure they want to offer you the lease, and it may create a small address variance on your report (this is unlikely to be of consequence and will not affect your score) unless they make the pull with your correct address. Nothing from your leasing company will appear on your credit unless you default on monies owed (leave without paying a portion of rent or a deposit). If that occurs, they will usually sell the debt to a collection agency that will report you to the credit agencies.


If you have broken a lease and you are then sued by the property management company and you do not show up in court. How long will it take for the judgment to appear on your credit report?

If the management company files it immediately with a credit agency, it may be hours or days.


Will your lease help build your credit score?

No. A lease is not a credit or "trade line" and therefore is not reported monthly. They will inquire on your credit but will not show up on your report other than in the inquiries and address fields.


Will apartment lease show up on co-signers credit score?

When the co-signer signed for the signer then the co-signer accepted the debt as his/her own. If the signer does not fulfil the terms of the lease then the co-signer will be responsible and it will appear on the credit report. If and when it effects the credit score will depend what is contained in the report now, example to many debts, not paying per the guidelines of the other debts, etc. Some credit report sites have scenerio calculators, most times they are free to use.


How does a late payment on an apartment lease affect your credit rating?

Late Payment on Apartment LeaseA lease will not show on your credit report; unless there was a judgment against you.


If you get a cosigner when purchasing a car will it show up in your credit report or the cosigner's credit report?

It will appear on the CR of both parties.


Can you be sued for a debt that does not appear on your credit report?

Yes, the credit report has no bearing on whether a debt is valid and subject to litigation.


How long will a chapter 7 bankruptcy appear on your credit report?

The credit accounts will appear in the credit portion of your report for seven years from their date of last activity. The legal item will appear in the public record portion for 10 years from the date of its' discharge.


Can you break a lease on a car?

It is possible but not advisable to break a lease on a car. The car would be repossessed, and the repossession would go on your credit report.


How can credit reference agencies help?

Credit reference agencies can help you identify any mistakes that appear on your credit report. By checking your credit report for free once a year you can notify credit agencies of any errors on your credit report and have them resolved before it effects your credit score.


How long do civil judgments stay on credit report in tx?

Civil judgments can appear on your credit report 7 years from the date they were filed.


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.


What is a credit reports?

credit report is the performance of a borrower on how she/he pays his debts on his credit cards, there are three credit reporting agencies which allows you to prevent from identity thefts, double charges and so on that will appear on your credit report score.


Does a judgment appear on the judgment debtor's credit report?

Generally, yes


What happens when you can no longer no way pay your FL car lease?

Turn it in. It will go on your credit report as a defult.


Will balances still appear on your credit report after taking out a loan for your sister and letting her use your credit cards if she can't get credit on her own and you have to co-sign?

Yes, as a cosigner you will be responsible for the debt, so it will reflect on your credit report.


If they repo your car after one day late how does it appear on your credit report?

as a repossession


What will happen if you break your apt lease?

It depends on your lease contract. More than likely your landlord will report to credit agencies that you have defaulted on your lease and you will subsequently have a huge ding on your credit score and have a very hard time getting anyone else to rent you an apt or loan you money for a house.


Does the primary borrower receive any benefit to their credit rating when there is a cosigner on the loan?

This debt will appear on your credit report as a joint debt. It will bare just as much weight on your credit report as if it were in your name alone.


Does a standing order or salary garnishment judgment from a small claims court appear on your credit report?

I've never seen a "standing order" on any consumers credit report. Judgments of all kinds do appear in the public record portion.


You broke an apartment lease in California you are a resident of a different state and moved out of California as soon as you broke the lease what can they do to you from across the country?

The landlord could file a lawsuit, and obtain a judgment against you, which would then appear on your credit report, staying there for years. Also, some courts will issue a warrant in your name for contempt.


If you apply for a credit card and are approved does it show on your credit report?

It will appear on the CR when the account becomes active, not when the card is approved.

Study guides

๐Ÿ““
Create a Study Guide