Do they give some document back to the consumer when the credit has been looked at, no matter if they qualify or not?
2007-03-12 22:19:09 · 3 answers · asked by James 3 in Business & Finance ➔ Renting & Real Estate
Fico score, amount of late payments, amount of collections, how often your accounts are in good standing, etc.
Well, they aren't obligated to give it to you. But some people do. By telling you where they retrieved the information. You are allowed to get a free credit report each year from the credit reporting agencies: Experian, Transunion, & Equifax
2007-03-12 22:29:15 · answer #1 · answered by ash 3 · 0⤊ 0⤋
When it comes to BUYING home, Its not the homeowners that are checking it. Its the morgage company and sometimes the realtors. Homeowners will not have access to any of your credit history.
What the mortgage lenders are looking at will be your credit score. And they will look most importantly at home timley you have paid bills in your life. They hate to see bankrputcy and collection and love to see a flawless history of bill payments. They also may look at how much overall debt you have, but it doesnt play nearly as big a role for most people.
2007-03-13 09:58:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A home owner will absolutely never get that information. They will just get to know whether you were approved or not.
2007-03-13 09:21:08 · answer #3 · answered by Anonymous · 0⤊ 0⤋