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Can you get a loan with a satisfied judgment on your credit report?
Wiki User
∙ 13y ago
Depends on the bank, what the loan is for, and on your overall credit score. Wait a few weeks, check your credit rating, and then - carefully, have your mortgage broker or car dealer check your credit for you new purchase. But their search will make a "hit" on your score, so be sure you use a broker that is aware of your full credit history and may not really need to check it; or that the car dealer you are working with is the one you are going to stay with.
Wiki User
∙ 13y ago
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Can you get a good loan rate if their are satisfied judgments on your credit report?
Yes you can, it will be based on your credit scores and how you are currently paying you debts now.
Can you get a home loan with a judgment on your credit report?
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.
I co-signed a Toyota loan with my daughter. The car was in default. I was never notified. Car repossessed. I paid off the loan after I found out. How do I get it off my report?
You wait seven years from the date of the last payment. There is no other way to have it removed. Your credit report is a record of your past credit, your credit history. It will also show that you satisfied the debt, and you can add an explanation at the bottom of your report.
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 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.
Can you get a good loan rate if their are satisfied judgments on your credit report?
Yes you can, it will be based on your credit scores and how you are currently paying you debts now.
Can you get a home loan with a judgment on your credit report?
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.
I co-signed a Toyota loan with my daughter. The car was in default. I was never notified. Car repossessed. I paid off the loan after I found out. How do I get it off my report?
You wait seven years from the date of the last payment. There is no other way to have it removed. Your credit report is a record of your past credit, your credit history. It will also show that you satisfied the debt, and you can add an explanation at the bottom of your report.
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 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.
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.
Does and outstanding credit card loan that hasn't been paid ruin your chance of co signing for a car loan?
If you have a bad credit report from a loan in default a lender wouldn't want your guaranty that the primary borrower's loan will be paid by you if they default.If you have a bad credit report from a loan in default a lender wouldn't want your guaranty that the primary borrower's loan will be paid by you if they default.If you have a bad credit report from a loan in default a lender wouldn't want your guaranty that the primary borrower's loan will be paid by you if they default.If you have a bad credit report from a loan in default a lender wouldn't want your guaranty that the primary borrower's loan will be paid by you if they default.
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
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.
If you signed for a car loan for a friend does all theyre bad credit come on the co signers credit report?
No, but if she defaults on the loan then you will have to pay the amount due or suffer the consequences on your credit report.
Is loan from 403b reported on credit report?
yes
Your husband defaulted on his vehicle loan How will it affect your credit report?
if you co-signed on the loan then your credit will be impacted negativly just as his
