Equifax, Experian, and TransUnion, will soon remove tax lien and civil judgment data from some consumer credit records.
The removal will impact most such existing data and, going forward, the way new data must be reported from the source.
Starting July 1, public records data must include three of four data points, the consumer’s name, address, and either a social security number or a date of birth.
Existing records that do not meet this criterion will be purged from the consumer record and new data that does not include these points will not be added.
Many liens and most judgments don’t include all three or four pieces of information.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
If you receive money from the State or a County sponsored organization for providing foster…
I wanted to address the two most common questions that I get regarding reverse mortgages……
If you purchased a home using your own cash, and now would like to pull…
I wanted to let you know we have a 2% to 5% downpayment and closing…
If you want to acquire rental properties, but you are having issues proving your income…
Do you need cash out of your home, but you don’t want to refinance the…
