Its for an FHA loan and I meet all criteria but have a past repo about 8 years ago. Nothing is on my credit report just in court records. I due still owe a.
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Will A Bank Check For Judgements On Court Records When Applying …
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A credit check also shows other outstanding debts and any records of County Court Judgments (CCJ's) and other defaults. This then gives the company a picture of what sort of financial risk you will be if they decide to lend you wealth ? and what their ... Loan providers will then make use of a numerical rating system to gauge the degree of 'risk' involved in mortgage to the potential customer. When you apply for any sort of credit, whether it is a credit or cache card, ...