Wednesday, May 28, 2014

A: It is all those things that appear on your credit report that are unflattering. They include: missing a credit card payment, defaulting on a previous loan, filing for bankruptcy in the past seven years, or not paying your taxes.

Other black marks include a judgment filed against you—perhaps for non-payment of spousal or child support—or any collection activity.

RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com