answersLogoWhite

0

💰

Credit Reports

A report detailing one's borrowing and repayment record used to determine one's credit reputation. It is used by lending institutions to find the subject's credit worthiness.

500 Questions

Use dispute in a sentence?

User Avatar

Asked by Wiki User

The siblings could not come to an agreement, so they decided to take their dispute to a mediator for assistance.

Will bankruptcy remove law suites?

User Avatar

Asked by Wiki User

Filing for bankruptcy can potentially halt or discharge existing lawsuits related to debts. Once bankruptcy is filed, an automatic stay goes into effect, which temporarily stops creditors from pursuing legal actions. However, the outcome depends on the specific circumstances of the lawsuit and the type of bankruptcy filed.

How old do you have to be to get a debit card without parental permission?

User Avatar

Asked by Wiki User

Most banks require individuals to be at least 18 years old to open a bank account and get a debit card without parental permission. However, some banks offer "junior" or "student" accounts that may allow minors to have a debit card with parental consent.

How long is a sheriff court decree on your credit file?

User Avatar

Asked by Wiki User

A sheriff court decree can stay on your credit file for up to six years in the UK.

Are there laws to start a credit union?

User Avatar

Asked by Wiki User

Yes, there are laws and regulations that govern the establishment and operation of credit unions. These laws vary by country and may include requirements related to capital, governance, and membership eligibility. It is recommended to consult with legal and financial experts to ensure compliance with all relevant laws.

How many Indians live in UK?

User Avatar

Asked by Wiki User

As of the latest estimates, there are over 1.5 million people of Indian descent living in the UK. This makes the Indian community one of the largest ethnic minority groups in the country.

When was consumer protection act enacted?

User Avatar

Asked by Wiki User

The Consumer Protection Act was enacted in India in 1986 to provide for better protection of the interests of consumers and to make provision for establishment of consumer councils.

How long does a judgment stay on your credit report in New Jersey?

User Avatar

Asked by Wiki User

In New Jersey, a judgment can stay on your credit report for up to 10 years. However, it may be possible to have it removed earlier by resolving the debt or through certain legal procedures.

What is the general form of a rate law?

User Avatar

Asked by Wiki User

The general form of a rate law is rate = k[A]^m[B]^n, where rate is the reaction rate, k is the rate constant, [A] and [B] are the concentrations of reactants A and B, and m and n are the respective reaction orders for A and B.

How does a judgment get attached to your credit report?

User Avatar

Asked by Wiki User

A judgment can appear on your credit report if a creditor takes legal action against you for an unpaid debt and wins in court. The creditor can then request the court to issue a judgment against you, which can be reported to credit bureaus. This can negatively impact your credit score and make it difficult to obtain credit in the future.

How long does a civil judgment stay on your credit in Arizona?

User Avatar

Asked by Wiki User

A civil judgment can remain on your credit report for up to 7 years in Arizona, although credit reporting agencies may remove it sooner. It's important to note that judgments can have a negative impact on your credit score and ability to obtain credit or loans.

Which court is above the county court?

User Avatar

Asked by Wiki User

In the United States, the court above the county court is typically the state circuit court or district court, depending on the state's judicial system. These courts have jurisdiction over a larger geographical area and handle more serious cases than county courts.

What is the legal age to use a debit card?

User Avatar

Asked by Wiki User

There is no specific legal age to use a debit card, but most banks require individuals to be at least 18 years old to open a bank account and obtain a debit card. In some cases, minors can have a joint account with a parent or guardian to use a debit card.

How long does a judgment stay on a credit report in Wisconsin?

User Avatar

Asked by Wiki User

In Wisconsin, a judgment can stay on a credit report for up to 10 years from the date it was filed. However, if the judgment is paid, it may be removed earlier based on the credit reporting agency's policy.

Can judgments be extended after 7 years?

User Avatar

Asked by Wiki User

In general, judgments can be extended beyond 7 years if the creditor takes the necessary legal steps to renew or revive the judgment before it expires. The specific requirements for extending a judgment may vary by jurisdiction, so it's important to consult with a legal professional for guidance based on the specific circumstances.

Four elemenys of a contract?

User Avatar

Asked by Wiki User

The four elements of a contract are offer, acceptance, consideration, and legal intent. An offer is a promise to do something or to refrain from doing something in exchange for something else. Acceptance is the agreement to the terms of the offer. Consideration refers to the exchange of something of value between the parties. Legal intent means that the parties must have a legal purpose for entering into the contract.

The objectives of consumer protection act 1986?

User Avatar

Asked by Wiki User

The Consumer Protection Act 1986 aims to safeguard consumers against unfair trade practices and protect them from exploitation. It ensures the rights of consumers to seek redressal for any defective goods or deficient services. The act also aims to establish consumer councils at various levels to promote consumer rights awareness.

How long does a judgment stay on your credit report in Alabama?

User Avatar

Asked by Wiki User

In Alabama, a judgment can stay on your credit report for up to seven years from the date it was filed. This can negatively impact your credit score and ability to get credit or loans during that time. Make sure to resolve any judgments as soon as possible to improve your credit standing.

Can attorney place levy on bank account from default judgment unsecured credit account in the state of Texas in which the debtor lives?

User Avatar

Asked by Wiki User

Yes, in Texas, an attorney can place a levy on a bank account as a means to enforce a default judgment on an unsecured credit account. This levy allows the attorney to collect the specified amount owed from the debtor's bank account to satisfy the judgment.

What are the legal uses of a credit privacy number?

User Avatar

Asked by Wiki User

The credit privacy number (CPN) is not recognized by the government nor the credit bureaus as a valid form of identification. Using a CPN to apply for credit or loans is considered fraudulent and can result in legal consequences.

How much would 60 acres of land cost?

User Avatar

Asked by Wiki User

The cost of 60 acres of land can vary greatly depending on location, quality of the land, and other factors. In general, prices can range from a few thousand dollars per acre in rural areas to millions of dollars per acre in prime locations such as urban centers or desirable regions. It's best to consult with a local real estate agent or land appraiser for an accurate estimate in a specific area.

What can I do if I am being sued for a past SOL debt?

User Avatar

Asked by Wiki User

If you are being sued for a debt that is past the statute of limitations (SOL), you may have a defense to the lawsuit based on the expired SOL. You should respond to the lawsuit and assert the expired SOL as your defense. It is advisable to seek legal advice to understand your rights and options.

What is a voluntary judgment?

User Avatar

Asked by Wiki User

A voluntary judgment is a court ruling or decision that is agreed upon by the parties involved in a legal case. It is usually reached through negotiation or settlement and does not result from a trial or formal legal proceedings. Both parties consent to the terms of the judgment.

Does a lawsuit by debt collector affect credit score?

User Avatar

Asked by Wiki User

Yes, a lawsuit by a debt collector can affect your credit score. If the debt collector wins the lawsuit and obtains a judgment against you, it may be reported to the credit bureaus, which can negatively impact your credit score.

How do collection agencies decide which borrowers to sue?

User Avatar

Asked by Wiki User

Collection agencies typically decide to sue borrowers as a last resort, when other attempts to collect debt have been unsuccessful. They consider factors such as the amount of debt owed, the borrower's ability to repay, and the likelihood of successfully recovering the debt through legal action. In some cases, they may also consider the age of the debt and the potential costs associated with litigation.