Home Mortgage being reported as "Installment" – Equifax score being affected
My husband and I own two homes that happen to both be Manufactured Homes. One of the loans was significant and was for 30 years and reported on my husbands credit report as "Real Estate" loan. The company failed to report for me and I called them. They say it takes 90 days and I'm currently waiting on pins & needles to see if they report it as an Installment or a "Real Estate" loan as they did for my husband. Our second home is being classsifed as "Installment" and we do not understand why they would call it an installment loan when we purchased this just like a home, pay property taxes and had to go through a 30 day escrow, pay realtor commissions, etc.
Categories: General Credit Tags: agencies-state, correctly, Estate, husbands, husbands-credit, installment, loans, manufactured, pay-property, pay-realtor, real-estate, waiting-on-pins
Who is offering the best Personal LOC Right Now
Hi Everyone, My TU and EQ Ficos are 680 and 700 repectivly. No DTI (no mortgage or other installment loans). My oldest account is four years old, $20k in credit limits, $2k in balances.
Categories: General Credit Tags: credit-limits, Discover, four-years, home-during, installment, oldest-account, revolving, same-employer, Summer, the-summer, years
IRS Installment agreement term
I have an installment agreement with the IRS that has been in place for right at 10 years now. It includes personal income taxes due and employment taxes that were behind in my business at the time. I have made timely payments every month and they have kept tax incentives and overpayments over the years
Categories: Mortgage Tags: 10 years, agreement-noted, amount-which, income-taxes, installment, irs installment agreement, monthly-payment, never-placed, overpayments, personal income taxes, tax, tax-incentives, the-agreement, TIME, timely-payments
How can I increase my score? No outstanding debt.
Hello, I currently have a FICO score of 653. I have a $2,000 limit Visa with a $0 balance (I use it sparingly, pay it off same month), I just paid off my student loan (which they completely removed from my credit report instead of changing to paid in full or whatever.
Categories: General Credit Tags: bills-on-time, car-payment, completely-paid, Credit, credit-card, credit-report, credit-score, fico-score, installment, installment loan, little-higher, myfico, payments, personal-loan, simulator-says, student-loan, visa
Do I have a good foundation of credit?
As of a year ago I barely had any credit. I had a Discover Card with a $1500 Limit and a Student Loan.
Categories: General Credit Tags: Auto, Credit, credit-secure, discover-card, earnings-costco, installment, limit, premier-rewards, signature, student, student-loan
Installment Loans & Line of Credit vs. Fico Scores ?
Does balance on a Student Installment Loan, which was in deferment and now being paid on for a year (15k to 11K), have a negative impact on scores if it showing more than the HIgh Balance?
Categories: General Credit Tags: balance, few-months, figure-out, gets-treated, getting-hit, installment, negative-impact, paying-down, showing-more, student, student-loans, util
Help/advice needed for my credit report/scores
FICO Scores - START (10/26/09) EQ-617 EX-637 TU-610 FICO Scores - CURRENT (9/14/09) EQ-764 EX-634 (FAKO.............if possible to figure out within a few points either way, what is the FICO equivalent to a 634 FAKO?) TU-747 GOAL FICO SCORES (by 1/11) EQ/EX/TU - 760 to 800 After my girlfriend & I broke up in Sept., I got mad and, I decided to take some steps to fix some issues in my life. I spent 2.5 months recovering from a painful abdominal hernia surgery (this was a good time to QUIETLY educate myself about my credit reports/scores/etc.), joined a local a health club (rode the heck out of a stationary bike and lost 43 lbs.
Categories: General Credit Tags: chase-bank, debt, experian, fico, history, inquiries, installment, Life, Major, Money, Person, scores, TIME, visa
Credit Builder Loan Early Payoff
So I have a small secured loan I took out about 10 months ago at my bank. It is a credit builder program and the amount was for $500 which is secured by a CD.
Categories: General Credit Tags: 500-which, balance, Bank, Credit, credit-builder, installment, months-ago, small-secured
Condo problem
Hi, I have bought a small condo. During the installment payments, the first owner was bankrupted and they sold the whole building to his cousins, however, his cousins did not comply all the agreements that the first owner given to the room buyers, so there was a wording agreement that the building security and maintenance office will look for the tenants for the room owners who do not want to move in to stay and will prepare the renting contact form for the tenants to sign as same they do for their own room renting services and will deduct the security and maintenance service 300 Bahts each month (normal rate there) which are o.k. to both sides.
Categories: Mortgage Tags: against-the-law, among-the-main, condo, cousins, duty, installment, landlord-tenant, room, since-the-main, telephone, tenants
Installment Loans and Average Age of Accounts
Hey guys, I have an installment loan from a local bank which is about a month away from being totally repaid. This loan spanned over 3 years, so it is by far the greatest contributor to my average age of accounts on my credit report. When it gets completely paid, does this installment loan history disappear from my credit report like a closed account would?? This is my greatest concern. Anyone have any insight
Categories: General Credit Tags: 3 years, average, average-age, contributor, Credit, credit-report, from-being, greatest, hey guys, Insight, installment, installment loan, installment loans, Loan, loan-history, local-bank