YES THEY ARE.
No, credit card companies do not typically report cash 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.
No, credit card companies do not report cash payments to the IRS.
Yes, it will shorten the time in which the mortgage is on your credit report.
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.
No, credit card companies do not typically report cash 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.
No, credit card companies do not report cash payments to the IRS.
One.
Yes, it will shorten the time in which the mortgage is on your credit report.
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.
Information in a credit report comes from banks, mortgage lenders,credit unions, credit card companies, insurance companies, landlords, department stores and employers.
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.
this should be a 1099
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.
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.
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.