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Do credit card companies report cash payments?

No, credit card companies do not typically report cash payments.


What can you do about a mortgage company that does not report your on-time payments?

Call the mortgage company and ask why the payments are not being reported (its illegal to NOT report payments) Further, you can call the credit bureaus, and they will request the information from the mortgage company. Realize, that in some instances credit reporting can be suspended.


Do credit card companies report cash payments to the IRS?

No, credit card companies do not report cash payments to the IRS.


How many missed mortgage payments before it is placed on your credit report?

One.


Does making extra principal payments to your mortgage have any affect on your credit rating?

Yes, it will shorten the time in which the mortgage is on your credit report.


Where can you get your credit report from all three companies free?

You can get your credit report from all three credit companies by going to your local bank and asking a mortgage consultant to run your credit report.


Were does information containded in a credit report come from?

Information in a credit report comes from banks, mortgage lenders,credit unions, credit card companies, insurance companies, landlords, department stores and employers.


Do credit card companies report cash payments to credit bureaus?

No, credit card companies do not typically report cash payments to credit bureaus. Only credit card transactions and payment history are typically reported to credit bureaus.


What form is required to report payments by a company to a self-employed person?

this should be a 1099


Does the lender of a second mortgage have any recourse if the payments become late?

Yes, they will report the late payments to the credit bureaus which will damage your credit score, and if enough payments are missed can commence a foreclosure action on the property.


My mother passed away I have siblings and no one has reported her death to the mortgage company we can't afford the house payments is it the law that you have to report it to the mortgage company?

No, once the mortgage company begins the foreclosure process they will find out that your mother is dead. This will not stop the foreclosure process. The only way to avoid that is to make the payments.


Can you get a home loan with a judgment on your credit report?

It is up to each mortgage company to determine a person's credit worthiness and likelihood to pay a mortgage loan. Mortgage companies may not approve loans if there are derogatory credit items on a person's report, but this decision is often based on many factors. A judgment will appear on your credit reportfor seven years from the filing date.