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Yes, a bank loan will show up on your credit report if the bank you borrowed money from reports to the credit agencies (practically all of them do).
If you need help cleaning up your credit go to
http://www.creditscoresystems.com for free sample letters you can use to send creditors and credit reporting agencies.
What else can I help you with?
What happens when a Bank loan is charged off?
It will show on your credit report where your bank loan was "Charged Off". This means the bank wrote off the money and gave up on collecting it. However they can sell that debt to a collection agency to try and collect it. It will show on your credit report for 7 years.
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.
If someone cosigns a loan for you will it show up on their credit report?
yes
Does an assumed loan show up on the original borrowers credit report?
If the borrower formally assumes the note, another words the bank gives the ok to the new borrower, the bank can notify credit bureaus to delete that entry in credit report. If new buyer takes title "subject to" without the banks permission the original borrower will still show up in their credit report. because as far as the bank is concerned you are still responsible, no matter who pays the note.
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).
What happens when a Bank loan is charged off?
It will show on your credit report where your bank loan was "Charged Off". This means the bank wrote off the money and gave up on collecting it. However they can sell that debt to a collection agency to try and collect it. It will show on your credit report for 7 years.
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.
If someone cosigns a loan for you will it show up on their credit report?
yes
Does an assumed loan show up on the original borrowers credit report?
If the borrower formally assumes the note, another words the bank gives the ok to the new borrower, the bank can notify credit bureaus to delete that entry in credit report. If new buyer takes title "subject to" without the banks permission the original borrower will still show up in their credit report. because as far as the bank is concerned you are still responsible, no matter who pays the note.
You are attempting to establish credit in your own name your mother is co-borrower on your student loan Will it show on your credit score?
It will only show on the primary borrowers credit report. If the primary defaults on the loan then the responsibility falls to the co-signer. In brief, if the loan is in good standing the primary borrower will have it on their credit report only. If the loan is late or is defaulted it will be reported on both the primary and co-signers report.
When does a car loan show up on your credit report?
The initial loan may post on your report the day the financing is completed, however most times the bank that financed your loan won't report until you make your first or even second payment. However, if it was repossessed before this period that would be reported much more swiftly.
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).
Why do multiple student loans show up on your credit report but they are consolidated?
If your credit report is stating that these loans are not transfered loan, then you need to dispute this information with the bureaus.
How will a deferred payment look on your credit?
If it is a student loan, there will be a statement on the credit report. It will also show the date that payments were deferred.
If you co-sign a loan how long will it take to show up on your credit report?
If you got the loan from an established lender or bank, it should show up within 60 days at the latest. If you financed with EZ-Jacks-Walk-In-Drive-Out, it will probably never be reported.
Is there any way to know if someone has gotten a loan using your ID?
Yes, check your credit report. All legitimate loan companies will report to the 3 major credit bureaus when they give out loans to consumers. If someone else used your identity to open a loan account, then it should show up on your credit report.
Will being a cosigner for an auto loan show up on your credit report?
yes it will, as a co-signer you are held just as responsible as the primary loan holder and it will appear on your credit report no matter if the payments are made on time or if they are late.
