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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.
What else can I help you with?
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
How can you report non-payment of a contracted personal loan to the credit bureaus?
You will need to get a judgment in court for the bureaus to even begin to possibly care.
How can I remove a car loan from my credit report?
To remove a car loan from your credit report, you can start by contacting the credit bureaus and providing documentation that the loan has been paid off or closed. You can also reach out to the lender to ensure they report the updated information to the credit bureaus. It may take some time for the loan to be removed from your report, so be patient and monitor your credit report regularly.
Is the closed auto loan showing on my credit report?
To find out if the closed auto loan is showing on your credit report, you can request a copy of your credit report from one of the major credit bureaus - Equifax, Experian, or TransUnion. The closed auto loan should be listed under the accounts section of your credit report.
Why is my car loan not showing on my credit report?
Your car loan may not be showing on your credit report because the lender may not have reported the loan to the credit bureaus yet. It's important to check with your lender to ensure they are reporting your loan information accurately to the credit bureaus.
Can you get a home depot project loan with a credit score of 620?
It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.
What happens after a entry judgment is granted?
That pretty much depends upon how much the judgment is for. usually, if the judgment amount is small, then nothing happens except that you have a really negative mark on your credit report. If you attempt a purchase a home, the mortgage lender will force you to pay off the judgment before they will extend a mortgage loan to you. The judgment will appear on your credit report for a very long time and will negatively impact your credit score. If the judgment is for a relatively large amount of money, the creditor will most likely seek to garnish your earnings or attach monies in your bank accounts.
How can you report non-payment of a contracted personal loan to the credit bureaus?
You will need to get a judgment in court for the bureaus to even begin to possibly care.
How can I remove a car loan from my credit report?
To remove a car loan from your credit report, you can start by contacting the credit bureaus and providing documentation that the loan has been paid off or closed. You can also reach out to the lender to ensure they report the updated information to the credit bureaus. It may take some time for the loan to be removed from your report, so be patient and monitor your credit report regularly.
Is the closed auto loan showing on my credit report?
To find out if the closed auto loan is showing on your credit report, you can request a copy of your credit report from one of the major credit bureaus - Equifax, Experian, or TransUnion. The closed auto loan should be listed under the accounts section of your credit report.
is there a way to get a home loan and add whatever i have credit report to it ?
You are probably looking for a home equity loan, please check out www.ditech.com, which advertises very heavily on TV, for this.
Why is my car loan not showing on my credit report?
Your car loan may not be showing on your credit report because the lender may not have reported the loan to the credit bureaus yet. It's important to check with your lender to ensure they are reporting your loan information accurately to the credit bureaus.
Why is my car loan not showing up on my credit report?
Your car loan may not be showing up on your credit report if the lender has not reported the loan to the credit bureaus yet. It's important to check with your lender to ensure they are reporting your loan information accurately to the credit bureaus.
How can you get a loan with a charge-off on your credit report?
An FHA loan would require that any outstanding collection accounts, judgment[s] and charge-offs be paid off in full before closhing your loan but not necessarily before approving your loan. The lender will look mostly at the last two years of your credit history.
Know Your Credit Score When Applying for a Mortgage?
Knowing your credit report credit score is the first step in securing a mortgage. When you are looking to buy your home, having a current, up-to-date copy of your credit report is essential in securing the best rates. By reviewing your credit report prior to applying for a mortgage, you will be prepared to clear up any past debts or errors on your credit report that could prevent you from getting a mortgage loan. Your loan officer will request a copy of your credit report credit score, so don't be taken by surprise when it comes time to apply for your loan.
If you include your house in a bankruptcy chapter 7 how will this show on your credit report Will it show included in bankruptcy or as a separate foreclosure?
If your home loan is included in your bankruptcy, the code describing your repayment behavior on your credit report for this loan will change. If the bank forecloses on your home, the code describing your repayment behavior on your credit report for this loan will change. The loan will have one coded description of your repayment behavior. Credit Agencies only care about your repayment habits, not which mechanism cost you your home. There is no separate report. Your credit is going to be BAD for many years. Whether the house was part of the bankruptcy or whether it was taken in a foreclosure action will not matter (it's not like one is better than the other).
Does cosigning a loan go on your credit report if the loan is in good standing?
Your cosigner's credit report should also reflect the loan. In this case, it should show as paid on time as agreed.
