Quote:
Originally Posted by lazycash
It is true what I said, I didn't mention anything about having to report the blemishes, I just stated they would be there. Your assumption is that they will just all come off with any reporting, doesn't always work that easy. Better yet Boneprone, why don't you tell us how much you recently settled for on your credit card debt?
Think of all of the people settling with the banks currently on short sale home sales. Even though the lender reports it as paid, it still shows the forgiven home loan as a blemish that isn't going to be wiped away.
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You know I had a odd thing happen to my credit report. When I was younger and dumber I bought a house almost right out of high school. Ok so that wasn't the dumb part. Anyway I did some dumb shit and lost the house, however before that happened the mortgage was sold and it was reported as a paid in full loan on my credit report.
So now it's been well past the 7 years and the foreclosure has been removed yet I still show the orginal loan for that house that shows paid in full on my credit report..