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What If There Is A Bankruptcy Or Bad Credit In My Companys Or My History?
Wiki User
∙ 7y ago
Normally this is no problem. The invoice factoring company focuses on the credit-worthiness of your clients, not to your credit score. If you have good customers, invoice factoring firm can offer capital based on their credit-worthiness rather than yours.
Wiki User
∙ 7y ago
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What If There's Bankruptcy Bad Credit Or Any Other Derogatory Information In My Companys Or My History?
Generally this really is not a problem. The Invoice Bankers concentrates on the loan-worthiness of the clients; this is not on your credit. For those who have good clients, we are able to provide capital according to their credit-worthiness instead of yours.
Can you get a loan with bad credit because of bankruptcy?
Yes, you can still get a loan even if you have bad credit from a bankruptcy. Everyone deserves a second chance.
Can an apartment complex refuse to rent an apartment to you if you have filed for bankruptcy in the state of Florida?
Yes, an apartment complex can refuse to rent an apartment to you if you have bad credit. A bankruptcy alone will not stop you from being approved or disapproved from an apartment, they will consider your overall credit score and credit history.
Does filing bankruptcy remove bad marks from your credit report?
No. What will happen is all the defaulted accounts listed in the bankruptcy will be marked as such.."included in bankruptcy". The credit history, late payments, judgments, etc. will remain the same. In addition to the scenario in the above answer: The bankruptcy filing itself will be listed in the "public records" portion of your credit report. The disposition needs to be listed also (the discharge). The "bad marks" (i.e., the accounts) will show on your credit for 7 years. The bankruptcy listing will show for 7 years for a completed and discharged Chapter 13 bankruptcy and 10 years for a discharged Chapter 7.
How long does it take to get home equity after bankruptcy paid off loans and you have bad credit?
The time it takes to get home equity paid off after bankruptcy and bad credit will vary depending on how bad the credit score. It will also depend on which lawyer and banks are involved.
Bad credit history here in the Philippines can you apply for a credit card to clean your record in another countrythanks?
if you need a credit card you can go here http://www.getgoodcredit.newcreditapplications.com it has major credit card companys and there is something for everyone bad credit no credit business students prepaid everything you're looking for they have and its not hard to get approved 0% rewards and low interest. i have a few myself.
Is bankruptcy or repossession worse for your credit?
Both, Its bad debt period and you will suffer bad with either.
Will a cosigner's credit be affected if they cosign for someone who has a bad credit score because of a Chapter 7 bankruptcy?
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.
What if you have bad credit because of bills not credit card debts?
It is still bad credit history.
Is there a bank where you will be able to qualify for a mortgage even though you have bad credit?
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
Does bad personal credit affect dun and bradstreet rating?
Personal credit is separate from business credit. However, some legal structures capture personal bankruptcy history in the D&B report which may have an impact on D&B scores and ratings.
Is no credit worse than bad credit?
Not having a credit history is better than having a bad credit history. Bad credit is very bad... No credit is good. you are now ready to apply for credit. Start small, like a department store credit card. You must establish credit and use it in order to get a credit rating.
