robert0803

Charge Off Account Keeps pulling Credit Inquiries

Recommended Posts

I have a charge off account for some furniture that I stopped paying on in 2007. I pulled a CR because I am seeking a mortgage. I noticed that this company is pulling CR inquiries from me on two different times within a week. Can they do that?

Share this post


Link to post
Share on other sites

And if they even *think* you're going for a mortgage they will hound you.

Edited by RockDaddy

Share this post


Link to post
Share on other sites

If it's out of SOL it might not hurt you to bad. I had two charge offs that were three year old at the time and still got a mortgage on a new home. Go straight to the lender them self and explain whats going on. They may not be concerned about it if its a few years old, then too, they may tell you to pay it off.

Even if it was a year from now that you were going to buy, I would go to at least one good lender now and talk to them about it, that way you will know ahead of time what you will need to do. I had two banks approve me after being turned down by several so called mortgage brokers. Go figure. By the way, I got a good interest rate for the time, 4.65%

Edited by TomnTex

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.