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Does eviction affect your credit negatively?

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Answered 2008-05-10 19:24:47

An eviction lawsuit is public record and a judgment evicting you from a rental property will be a negative entry on your credit report.

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The eviction will not necessary affect your credit score, but you owe money that will be the entry that will affect the score. The eviction is a public record, searchable from a database but the funds owned is what affect your credit score especially if it is turned to a collection agency.


Closing an account will affect your credit score and decrease your score.


Yes, if you default on any loan it will affect your credit rating negatively.


Subsidized loans will affect your credit score negatively if you are not paying them. If you are paying them, they will have a positive effect on your score.


All inquiries in excess of 3 in one year negatively affect your credit. The more you do it the lower it will get.


If you have a chargeback, that is a credit to your account. This will not affect your credit score negatively or positively.


Can you learn how to spell? Yes, it appears on your credit report as an EVICTION.


Trading in a car does not affect your credit unless you sign a new car loan and get a new car. This may negatively or positively effect your credit.


Any repossession negatively affects your credit rating. Negatively affected credit ratings will affect your ability to obtain loans, typically in a negative way.


You get thrown out of your home for not paying the bills.... I don't think you need to be Steven Hawking to figure this one out....


No need to do any reporting. When the eviction judgment was entered, the credit bureaus update their files and will put this on the defendant tenant's credit file.


Only if the landlord files a court case, or reports the arrearage to the credit bureaus.


Credit scores are effected by many factors. One of the factors is how much debt you have in comparison to your income ratio. A high volume of debt, perhaps from an instant loan, when you have a low income, will negatively impact your credit.


Strangely enough, yes it does negatively but temporarily affect ones credit score.


It may not effect your ability to engage in a contract, but it will effect the likeliness of a contractor wanting to sign a lease with you. Commercial evictions are typically listed on your credit report and this negatively effects the likelihood of any perspective business relationships.


Multiple inquiries will not affect your chances, the only way it would affect you getting a home loan is if your credit score was impacted. Be careful with applying for credit cards, the inquires affect your score negatively.


You must first wait 7 years from the date the eviction judgment was entered. Then, you should contact the appropriate credit bureaus to update your credit file.


No. An eviction and judgment should show up on your credit report for only 7 years. If a 14-year old eviction is still on your credit, contact the appropriate credit bureaus for dismissal of the judgment. Note that the court files are permanent, and the landlord may still find the eviction that way, depending on how he screens tenants.


It will appear as an obligation and as such limit the amount that will be considered for total monthly payment. No I don't think it will affect your your credit score.


No. Loans from 401(k) accounts are not usually reported to credit reporting agencies, so it should not affect your credit history favorably, or negatively.


YES. This will show up on your credit report as "Landlord/Tenant history". This will stay there for 7-10 years!


Your best bet would be to close those older credit cards. While it may take some time, your credit score can be improved. However, opening a new credit card, even if it doesn't affect your credit score may not be the best way to go. I am unsure if there is a credit card that wouldn't affect your credit score.


"How long do you have till an eviction is off of your credit?" i am looking for an apartment but i have an eviction that's about 9 years old. the question on the aplication is have i ever been evicted? do i say yes or no? how do i find out if its still there?


It negatively affects both the primary and the authorized user credit score and report.




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