Checking and sevings accounts have no effects on your credit. On both sides of the transaction
It is almost impossible to track a cashed money order unless the person who cashed it has taken complete personal information of the person who got it cashed. If the information is available, the person who got it cashed would definitely be responsible for all the charges. And if the person who cashed it did not get all the information, then he/she should be responsible for cashing the money order.
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
Usually a foreclosure will lower a person's credit score by 250 points, and sometimes by as many as 280 points. The foreclosure stays on a person's credit report for seven years.
As long as you are on the mortgage it will show on your credit report and effect you credit no matter if you are the primary, secondary or co-signer
A misconception is that if a person views his or her credit score, it may go down. That is not true. The reality is, the score can be affected if other company make excessive requests for a person's credit information.
geeze don't be stupid
It is almost impossible to track a cashed money order unless the person who cashed it has taken complete personal information of the person who got it cashed. If the information is available, the person who got it cashed would definitely be responsible for all the charges. And if the person who cashed it did not get all the information, then he/she should be responsible for cashing the money order.
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
Usually a foreclosure will lower a person's credit score by 250 points, and sometimes by as many as 280 points. The foreclosure stays on a person's credit report for seven years.
As long as you are on the mortgage it will show on your credit report and effect you credit no matter if you are the primary, secondary or co-signer
A misconception is that if a person views his or her credit score, it may go down. That is not true. The reality is, the score can be affected if other company make excessive requests for a person's credit information.
Oh yes it does. That person put their credit on the line when they signed the contract making me a cosigner.
Only the decedent's credit record will be affected if they were the only person who signed the mortgage. However, if the mortgage isn't paid the lender will take possession of the property by foreclosure.
If this relates to a joint account holder or cosigner, then yes the person's credit rating will be affected by a repossession. Yes, whoever's name the car is in will be affected by the car's repossession. Only if the car is somehow tied to the account. Only a bad payment history on that joint account can affect your credit.
The word cashed means that the value of something has been turned into cash. For example, if a cheque is cashed, the cheque has been handed over and the person now has the cash value of it in money.
No, an unsigned check cannot be cashed, whether the accountholder is alive or dead. A check must be signed to be valid.
NO i don't think so.