Free credit report and scores Shreveport

A home phone number shows stability and proof of address. With the free credit report and scores Shreveport FI (financial institution) that I work for, usually we ask the applicant to forward proof of id such as a drivers license and a copy of a utility bill showing the current address and applicants name. Im suprised, PC Financial instantly rejected you rather than asking for more info.

In todays day free credit report and scores Shreveport & age, cell phones are the only phone for many people.

Other reasons that applicants are declined, is debt ratio. A customer free credit report and scores Shreveport can have amazing credit, but if they have already extended themselves to 40% of their gross income in debt pymts including housing, they may not qualify for more.

Another reason can free credit report and scores Shreveport be that a client already has the maximum unsecured credit we will offer based on their income. federal free credit report It can be a real challenge to explain this to clients. You can have amazing credit history, but if your income is low, it is limitating. Ill just put my lenders hat on here for a moment I worked for RBC in personal lending for over 6 years. I have a ton of experience with credit reports so here we go: Melissa, just about everything can sit on your bureau for up to 7 years before it falls off.

However, lenders tend to be more concerned with what free credit report and scores Shreveport youve been up to for the most recent two years. That means that you need to have paid off or otherwise dealt with your past mistakes. credit report free credit score For example, if you defaulted on that first credit card you got when you turned 18 and you never bothered to pay off (or declared bankruptcy) then it will keep showing free credit report and scores Shreveport up every month for 7 years as an R9. You may think that logically, if you work to pay back all your debts eventually that it looks better than a bankruptcy. The thing about CP is that they basically consolidate your debt and then you pay it back over several years. Any lender WILL NOT touch you with a 10 foot pole while you are still paying back a CP.

Not only that, but it will probably take another two years after the CP is cleared that a lender will take a chance on you. Making all your payments on your CP on time doesnt rebuild your credit at all (Ive had that argument free credit report and scores Shreveport with a client more than once). free credit report review A bankruptcy takes several months but once its clear, its clear. Again, a lender wont touch you for a MINIMUM of 2 years after your bankruptcy is DISCHARGED (not the date you filed, but the date youre clear).