Credit reports and foreclosures, Presidents Day in Dallas
A message to the CEO of the Cornerstone Credit Union League about how long foreclosures remain on credit reports
| By Greg Fisher
From: Greg Fisher [mailto:greg@truthandfalsity.com]
Sent: Tuesday, February 16, 2016 7:34 AM
To: Richard L. Ensweiler, CEO, Cornerstone Credit Union League; Jon Gorman, cornerstoneleague.coop
Subject: credit report, foreclosure, #TheCompanyHeKeeps
Richard L. Ensweiler, CEO
Cornerstone Credit Union League
4455 LBJ Freeway Suite 1100
Dallas, Texas 75244-5998
See this message and your response at http://www.creditscoring.com/interaction/2016/02/16-presidents.html.
Somebody in your organization wrote, "Did you know your #creditscore can affect your #jobsearch? http://ow.ly/Ydws8 @wisebread." https://twitter.com/CUERStaffing/status/698202600441778176
Experian states, "A foreclosure remains on your credit report seven years." http://www.experian.com/blogs/ask-experian/2013/08/20/the-impact-of-foreclosure-on-your-credit-report/
However, the article that your social media message links to states: "First, those negative marks on your employment credit report will take a long time to fall off. A Chapter 7 bankruptcy filing, for instance, will stay on your report for 10 years, as will a foreclosure." http://www.wisebread.com/heres-how-your-credit-score-affects-your-job-search
What indicates that foreclosures stay on credit reports for 10 years? #1602W
--
Greg Fisher
Truth and Falsity
truthandfalsity.com
PO Box 342
Dayton, Ohio 45409-0342
mobile/text 937-681-3224
