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Do credit agencies routinely sweep court records is the court required to report judgments if now how do you report it?
Jharvey216
Credit agencies to not "sweep" court records. Courts do not "report" judgments.
Individuals, workking a private contractors, search and scan public records. They make money by selling these records to various databases. Those agencies re-sell the information to the bureaus. The credit reporting agencies purchase only public record information that affects financial decisions. These types of records include bankruptcies, tax liens, judgments and foreclosures.
If a judgment is recorded in any jurisdiction serviced by the independent contractors, they are likely to scan the new record on their next visit to the courthouse. Individuals may not directly report information to the credit bureaus. Only companies who are contributing clients may provide information.
Wiki User
∙ 12y ago
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How is a judgment placed on someone's credit report?
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I believe it would be PUBLIC RECORDS!
What refers to the outcome of court actions such as judgments to pay a debt?
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