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The loan will need to close within 90 days of the issue date of the credit report.
The short answer is yes. The long answer is that when you co-sign a loan for another person, you agree to be responsible for that loan should they default so if they fail to pay the loan back, the creditor will expect you to shoulder the responsibility. If you fail to pay the loan back, it goes on your credit report.
7 years
Probably not very much. Credit scores are built around paying on time, how much you currently owe, and how long you've had credit. Paying off a loan won't raise your score much, but an on-time paying history for that loan will be a real good thing for your score and report once it appears.
Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.Yes, as long as you have a good enough credit rating to qualify for the mortgage.
The loan will need to close within 90 days of the issue date of the credit report.
Good credit report, employed at the same place for a long period of time are few factors that help in approval of vehicle loan.
The repossession stays on your credit report for 7 years.
The short answer is yes. The long answer is that when you co-sign a loan for another person, you agree to be responsible for that loan should they default so if they fail to pay the loan back, the creditor will expect you to shoulder the responsibility. If you fail to pay the loan back, it goes on your credit report.
7 years
Forever, since it looks good on your report.
There are many banks that can help with a small loan as long as you have good enough credit. One such bank is www.wellsfargo.com. They can help with the loan.
If its just the loan, then the line of credit will end after 7 years of the final payment. Same with bad payment info. But Credit score will not change unless newer lines of credit have been opened and made good/worse.
Probably not very much. Credit scores are built around paying on time, how much you currently owe, and how long you've had credit. Paying off a loan won't raise your score much, but an on-time paying history for that loan will be a real good thing for your score and report once it appears.
30 to 90 days
about 3 mo.but it my take up to 12 mo for you to get any credit rating from it.it takes time to show that you will pay a loan on time correctly.
it can stay on your credit report for as long as 10 years.