Chexsystems and Mortgage
Date: Mon, 11/08/2010 - 10:41
Do mortgage companies reference Chexsystems? If so, I have a year or so to work on chexsystems issues but is it possible to resolve those problems?
Companies do refer to Chexsystems. Since you are just a year or
Companies do refer to Chexsystems. Since you are just a year or so to work on Chexsystems, you will have to wait for atleast 4 years more. Chexsystems is a CRA and they will not remove you for 5 years.
But, you can refer to some banks which do not use Chexsystems and try to get a mortgage.
Thanks for the advice. However my question is do mortgages use
Thanks for the advice. However my question is do mortgages use Chexsystems more than another creditor such as an auto lender would?
chex help
no they do not .. the only way they would see something that was reported to chexsystems is if it has also been reported to Equifax, Experian or Transunion
Submitted by Mary Adkins Matthews on Tue, 11/09/2010 - 13:26
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