0
What law allows a borrower to sue a creditor or credit bureau that verifies incorrect data about his or her credit history?
LILGDOG
The "Truth in Lending and Consumer Leasing Acts" allow borrowers to sue a creditor or credit bureau that verifies incorrect data about his or her credit history.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Why a creditor will be reviewing your credit history?
amount of debt
When was The Politically Incorrect Guide to American History created?
The Politically Incorrect Guide to American History was created in 2004-12.
How old does a co-borrower of a loan have to be?
18 with a credit history.
How is a primary borrower's credit affected if he or she defaults on a loan but the cosigner pays the loan?
The defaulted debt will become a negative entry on the primary borrower's credit history and will remain for the required 7 years.
How do you get a writ taken off your credit history?
Get a copy of your report and write the creditor responsible for the discrepancy.
Was goliath the tallest person on earth?
yes. That's is incorrect, the answer that the wiki.answers community gave is incorrect. Goliath was the tallest person in modern day history. Adam was the tallest person to ever live on planet earth history.
What are the 3 Cs of lending?
# Credit - can the borrower display a history of creditworthiness # Capacity - can the borrower's current financial situation (income and expenses) support repayment of the debt according to the contract terms # Collateral - does the collateral being offered (in the case of a mortgage, this is the home itself) have enough intrinsic value to protect the lender's interests in case of borrower default
Franchise Loans?
form_title=Franchise Loans form_header=Run your franchise with help from a franchise loan. Invest for big rewards. How much cash do you, the borrower, have to invest in the franchise?=_ How much collateral do you, the borrower, have to secure the loan?=_ What is your credit history?=_ How much do you want the loan for?=_
Can a creditor refuse to accept a check as payment?
Yes ... why would a creditor someone even consider taking a credit card payment from someone who has a history of not paying their credit card bills. Think !!!
Reasons to Check Your Credit History Report?
Since banks rely so heavily on a borrower�s credit score, it is important that you check your credit history report on at least a semi-annual basis. � When checking your credit history report there are several thing that you should look out for.� One of the most important is to ensure that all of the accounts opened are legitimate.� While it is possible that an account could have been added to your report erroneously, there is a chance that the account could be a sign that someone stole your identity.� Because of this you should call the creditor immediately to have the account closed.�
Does buying a car improve your credit?
Purchasing a car can promote good credit by establishing a positive payment history. Creditors want to see that a borrower has good debt and a history of making promised payments.
What do historians rely on to measure time?
um that answer is incorrect. im a history teacher and it is calendars and dating systems.
