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I would be more concerned with the banks chasing your debt to your home country. Depending on the bank that you used, a lot of banks have been catching people in their home countries. However these have been for large loans.
Dubai has one of the most sophisticated banking systems in the world as far as IT, and I am sure one day in the future peoples debts will catch up to them as technology improves.
If the banks report your debt to the police, the police are able to issue an Interpol Red Notice which will certainly be an issue should you travel.
What else can I help you with?
Will the primary and co signer have bad credit if a car is repossed?
Yes. It will be reported on their credit records.Yes. It will be reported on their credit records.Yes. It will be reported on their credit records.Yes. It will be reported on their credit records.
Can a judgment be reported to more that one credit bureau?
Yes a judgement can be reported to more than one credit bureau and is usually reported to the three major credit bureaus (equifax, tranunion & experian)
Can a minor hurt their credit score with an overdue library fee?
No. A library fine is not reported to credit agencies. Late payments on a credit card or mortgage are reported to credit agencies.
Does being denied for credit lower your credit score?
Yes. It is reported on your credit report.
What can you do if a debt is reported wrongly to a credit agency?
dipute it with the credit bearue. they will do a full investigation and you may even have a chance to get rid of the bad credit because it was reported wrong.
How often do credit card balances get reported to your credit report?
Monthly
If your father is the borrower on an auto loan and you're the co-signer and his credit was better but you're making the payments why is it not helping your credit with the credit agencies?
If you're on the note and it's not being reported to your credit bureau.....you need to contact the creditor and demand that it be reported. If it IS being reported......then.........it IS helping your scores.
Can you build your credit rating by co-signing on a loan with your spouse?
Yes - the loan, if reported, would be reported on both parties credit reports.
How is a judgment reported to the credit bureau?
county
Do evictions hurt obtaining loans?
Evictions are not placed on credit reports. However, if expenses related to an eviction are sent for collections, that will be reported. Also there are tenant screening lists where an eviction can be reported and might create a problem in obtaining future housing.
What happens if you are reported to a credit agency?
You pray to god
Is loan from 403b reported on credit report?
yes
