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If someone is renting a house that is NOT in their name and the owner of the house has a lien filed against them how does that affect the renter and their credit?
It would not affect your credit at all because you are merely the tenant and are renting the property. Since you do not own it, and the owner is the person that has the lien filed against them, it will not affect you or your credit.
How does credit affect an individual financial standing?
Your credit can raise or lower your credit score. It is what consumer credit for buying a house or car is based on.
Do you get tax money when you buy your first house?
No, you do not get tax money (or a tax credit) when you buy your first house. As of July 2013, the tax credit for buying your first house is no longer in affect.
How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
Can lien on a house affect the owner's credit if the house was bought with cash?
Yes. A lien will show up on your credit record whether you paid cash or mortgaged your property.
If you buy a house from someone who has declared bankruptcy how will it affect your credit rating?
==Answer == Not in any way. Your credit rating is only determined by how YOU handle your credit on anything that is in your name.
How long takes to affect your credit the late payments on your house?
The lender is likely to report this to the credit reference agencies within a week of the default
Does medical debt from years past affect my credit?
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
Can anyone other than the executor of the will put the house on the market or sell it without the executors permission?
no
How long After house is sold does it take for beneficiary to get money from sale of home?
if you have our executors you will never get your money
How does surrendering your house in chapter 7 affect your credit report?
If you are surrendering your house anyways, it is usually better for your credit score if you do it through bankruptcy. If your house is foreclosed on before you file bankruptcy, then your credit score is hit by both the foreclosure and the bankruptcy. If you let your house go back through bankruptcy, instead, then your credit score is only hit by a bankruptcy.
Does leasing a car affect buying a house?
It depends, if you are buying a house in cash, it won't of course. Else, it would quite affect as it would be part of the assessment on your credit and liabilities that the mortgage company will do.
