Loan no credit check

Absent her death, the sale of the home, or a refinance of the mortgage -- there is no possible way to remove her as a borrower from the loan or remove the credit reporting from her credit report. I would even imagine having this on-time, the well-paid loan is helping her FICO Score significantly at this point. It should have over 10-Years of on-time payment history, and all the late payments should be long, long gone.

Having that huge mortgage will never hurt her getting an auto, personal loan, or credit card. This would actually lower the payment considerably as I would be able to borrow at current rates. The only way would be to refinance and remove her through that means. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Absent her death, the sale of the home, or a refinance of the mortgage -- there is no possible way to remove her as a borrower from the loan or remove the credit reporting from her credit report. I would even imagine having this on-time, the well-paid loan is helping her FICO Score significantly at this point. It monthly installment loans bad credit should have over 10-Years of on-time payment history, and all the late payments should be long, long gone.

Having that huge mortgage will never hurt her getting an auto, personal loan, or credit card. This would actually lower the payment considerably as I would be able to borrow at current rates. The only way would be to refinance and remove her through that means.

Since 2007, the LoanSafe loan no credit check forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, changing only the comments from: Charged off as bad debt. I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended up buying the direct loan servicing center property back at auction in August 2014.

Oddly, USAA never sent the account to collections, or made any attempt to get the money from me, I never heard from them again and figured they just chalked it up as a loss (I also never got any 1099-c).

Both will fall off my credit report at the end of this year.

Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points.

All my scores were heading up to the 800 mark for the first time ever, so this was surprising. When I looked, USAA had updated the comments in my credit report file for the first time since June 2014. Yesterday they changed it to Charged off as bad debt.

Is this an indication that they plan to try to collect? I live in MD and from what I can tell, the SOL is 3 years, although it looks like real property SOL is 20 years, if that matters. It seems odd that they would bother updating my credit report for the first time in almost 6 years. I have since married and moved into a house my husband owns, and I am not on the mortgage or title. Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, changing only the comments from: Charged off as bad debt.

I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended loan qualification up buying the property back at auction in August 2014. Oddly, USAA never sent the account to collections, or made any attempt to get the money from me, I never heard from them again and figured they just chalked it up as a loss (I also never got any 1099-c).

Both will fall off my credit report at the end of this year. Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points.

All my scores were heading up to the 800 mark for the first time ever, so this was surprising. When I looked, USAA had updated the comments in my credit report file for the first time since June 2014. Yesterday they changed it to Charged off as bad debt. Is this an indication that they plan to try to collect? I live in MD and from what I can tell, the SOL is 3 years, although it looks like real property SOL is 20 years, if that matters. It seems odd that they would bother updating my credit report for the first time in almost 6 years. I have since married and moved into a house my husband owns, and I am not on the mortgage or title. It sounds like from your update that Charged off as bad debt. Collateral Released - Balance Owing , means the lien is released.

The collateral was secured by the lien on the house.

No big deal now since you are not living in the house anyway.

However, if you did not file bankruptcy, the debt can still be collected. And HELOC are considered real property debt in most states, but check out your states laws.

I would say that the debt collector probably has a valid claim to the debt.

The more common problem I see on this forum is the debt is discharged during bankruptcy, but the lien remains. Then nc payday loans the homeowner is free of the debt, but cant settle the lien. Unless you hear from the bank or debt collector, I would not contact them. I also would not put your name on your husbands property. If the debt is valid, your husbands house will be considered part of your assets. It sounds like from your update that Charged off as bad debt. Collateral Released - Balance Owing , means the lien is released.

This was a property that I was unable to sell (underwater) when I moved to another part of the state.

Then they wrote it off 6 months later and PNC foreclosed a few months after that. The only info I see on my county property page is the foreclosure notices, not sure where to look for liens. I still have all my other accounts with USAA (auto insurance, life ins) so they definitely know how to contact me. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, changing only the comments from: Charged off as bad debt. I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended up buying the property back at auction in August 2014. Oddly, USAA never sent the account to collections, or made any attempt to get the money from me, I never heard from them again and figured they just chalked it up as a loss (I also never got any 1099-c). Both will fall off my credit report at the end of this year. Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points. All my scores were heading up to the 800 mark for the first time ever, so this was surprising.

When I looked, USAA had updated the comments in my credit report file for the first time since June 2014.


Unsecured loans for bad credit

Yesterday they changed it to Charged off as bad debt. Is this an indication that they plan to try to collect? I live in MD and from what I can tell, the SOL is 3 years, although it looks like real property SOL is 20 years, if that matters. It personal loans los angeles seems odd that they would bother updating my credit report for the first time in almost 6 years. I have since married and moved into a house my husband owns, and I am not on the mortgage or title.

Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, changing loan no credit check only the comments from: Charged off as bad debt. I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended up buying the property back at auction in August 2014.

Oddly, USAA never sent the account to collections, or made any attempt to get the money from me, I never heard from them again and figured they just chalked it up as a loss (I also never got any 1099-c). Both will fall off my credit report at the end of this year. Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points. All my scores were heading up to the 800 mark for the first time ever, so this was surprising.

When I looked, USAA had updated the comments in my credit report file for the first time since June 2014. Yesterday they changed it to Charged off as bad debt.

Is this an indication that they plan to try to collect? I live in MD and from what I can tell, the SOL is 3 years, although it loan no credit check looks like real property SOL is 20 years, if that matters. It seems odd that they would bother updating my credit report for the first time in almost 6 years. I have since married and moved into a house my husband owns, and I am not on the mortgage or title.

It sounds like from your update that Charged off as bad debt. Collateral Released - Balance Owing , means the lien is loan no credit check released. The collateral was secured by the lien on the house.

No big deal now since you are not living in the house anyway. However, if you did not file bankruptcy, the debt can still be collected.