Any documents created by the federal or the local government on you will be public records. This means that they can be included in your credit report. However, not all information on your public record will appear in your credit report. Call Londyn’s Financial Services LLC to know more about credit judgement Texas.
There are different types of information that will appear in your public record. However, not everything on your public record will affect your credit report. Here are those items that, when they appear in your public record, can have an adverse effect on your credit report.
Keep in mind that your credit score is a valuable tool when it comes to your finances. If you are planning on making a big purchase, such as a vehicle or a second home, or applying for additional credit cards, your credit score will determine how much money you can loan. Any negative public record on credit report can affect your credit score. This, in turn, can affect your chances of getting your loan application approved.
A Texas credit judgment means that one of your creditors took you to court and either you lost the case or you did not appear during the hearing. Since the court ruled in favor of the creditor, this will appear in your public record. However, depending on the type of judgment, either it will stay in your public record for seven years or permanently.
As the name suggests, these are records containing information about an individual. This means that if you got divorced or forgot to pay your taxes, they will appear in your public record. However, only your record of not being able to pay your taxes will appear in your credit report. In fact, tax liens, bankruptcies, and even judgements on credit will reflect on your credit report. Unfortunately, these items can have a negative impact on your credit score.
Keep in mind that it is possible for a public record on credit report to happen. That is why you need to go over your credit report to see if there are any errors that you need to correct. The good news is that it is possible for public records removed from credit report. It may take a while if you are doing it on your own. What you need to do is to call in the experts.
Find out how to deal with credit card judgement Texas with our team of specialists. We can go over your credit report to see if there are any judgments that should have been removed or errors that need to be corrected. Find out more on how your public records can affect your credit score with us. Call us now to get started!