Which credit bureau is the most popular to use by home loan lenders?

Dec 022011
 

I know the three…Experian, Equifax and TransUnion, but rather then checking all three I was advised that essentially loan/mortgage officers typically use only one to check eligibility for a home loan. What is the most popular credit bureau used? I am in the process of looking for a home, and want to make sure I know which score will be pulled considering all three have different scores.

Thanks!!!

has anyone been late with mortgage payment after loan modification?

Dec 022011
 

I’m just wondering if there is anyone out there who has been late with their mortgage payment after a loan modification? and if so, how did your bank handle it? My bank considers you late after the 15th of the month, but doesnt report anything negatively to the credit bureau until after 30 days late.
good lord @ all the answers, Im not looking for credit help, I might be late this month only on my payment just wanted to see if anyone else had that same situation

Questions About Getting A Judgment Removed

Dec 022011
 

moved to rebuilding

Credit mortgage
byMANILA IMPERIAL MOTOR SALES . . . .

ive never had a mortgage. each credit bureau is saying it cant process any requests until i verify my mortgage lender. who should i contact if someone has fraudulently used my identity?

What is a reasonable amount of inquiries on a credit report?

Dec 022011
 

I’m getting ready to apply for 2 or 3 cards.  Before apping, I have been reviewing my reports.  There are 4 inquiries on my reports and are all within a 5-10 day period in October.  2 of the inquiries were made to finance a new auto purchase and 2 were made to compare interest rates for a home refinance.

 

My question is would these 4 inquiries count as only 1 or 2 since they were all related to interest rate shopping and are these inquiries likely to impact any type of credit decision from a CCC?  

Credit
byIan Muttoo

I am attempting to build a positve credit rating and I need a card that reports to the credit bureau, but will allow me to obtain it without a credit check. HELP?

when will this fall off my report?

Mar 172011
 

I have a line of credit that has been charged off . It has a limit of $3000 and a balance of $2879. It was opened in Feb 2004 and only two payments were made on it before I defaulted on it. Both TU and EX show it will fall off in 09/2011. Shouldn’t it be sooner? I know there weren’t payments made on the account that far out, but I don’t have proof of when I made the last payment. Should I dispute it and see what happens or just wait it out until September? If I dispute it through the credit bureau’s, will the bank show them proof of when it was last paid? Or should I write a dispute letter directly to the bank? It is still with the original creditor, not a collections agency. This account is being factored into my utilization even though it’s charged off and it is hurting my scores (everything else has a $0 balance right now) so I want to get it off as soon as possible.

How long does it take for credit bureau to delete item?

Mar 172011
 

I have a paid collection on my report from the Paper shop advertising. I sent a gw letter to ask if they would remove it from reports, then on Jan 19th I got a call from the oc and they said they would remove it and that it will take 30-45 days to come off reports. I called them again last week when it was just over 45 days, they said that there part was done they told the credit bureau’s to delete and was out of there hands now. How long does it take for the credit bureau’s to remove the items? It has just about been 60days since the oc agreed to delete this collection.

 

Still collecting after settlment… what should I do?

Feb 192011
 

Hello All!

 

I was wondering if I could get some advice on my current situation…

 

I was out of work for most of 2010 – about 10 months to be exact – and needless to say, a lot of my bills had become delinquent and had been sent to collections. I recently began working again, but am making a little over half of what I use to make. Because of that, I opted to make settlement agreements with the CAs, one of which was a company that represented DirectTV.

 

Now here is the issue I am facing: I recently made a final settlement payment to the CA representing DirectTV no less than a month ago and the CA confirmed that this dept was paid in full and that it will update the Credit Bureau and DirectTV. Just this past Friday, another CA representing DirectTV called me saying that I owed the remaining balance. Naturally, I called the first agency today (I’ll call them CA 1) and told them that the remaining balance was sent to CA 2 asked them if they really did updated the status of my account. They confirmed that their records indicated that I paid my settlement in full and that I shouldn’t owe anything more to DirectTV. They advised me to call them in the event that it might be an error on their part..

 

The Problem: DirectTVs records indicated that I DID make the settlement payment in full, they SAW IN THEIR RECORDS that it was a settlement payment, but they told me that the settlement doesn’t matter (their words) and they will only look it as a partial payment until I pay the remaining balance. They also told me that they will continue to send my name through however many CAs they need to in order to get this debt paid. I tried my best to explain to them that this debt was settle through their agency, which they already know, but clearing that didn’t sway them.

 

I call CA 1 back and told them what DirectTV said. They reconfirmed and reconfirmed again that my dept was paid in full and they don’t understand why DirectTV is still trying to collect. They said that they would call DirectTV directly to find out what’s going on and they will try to get the matter settled today and that I shoul call CA 2 in a weeks time to get an update on my status. I asked them (CA 1) if I could have something in writing saying that I did, in fact, pay them and that we did have a settlement agreement, but they told me that unfortunately they can’t send me anything like that legally, and I would have to go through DIrectTV to retrieve that information.

 

I really need to know what I should do in this matter… Is what DirectTV doing legal? How do I obtain proof that I paid this settlement in full? Please give advise if you can. Thanks in advance.

How Long Does It Take For Deleted Items To Report?

Feb 072011
 

 

Hi All,

 

I have four pay for delete collection.  How long will it take for these items to drop from my credit report? 

And is there anything I can do to speed up the process?  Maybe contact the credit bureau? 

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