Marketplace

Related Articles

More

Related Categories

More

Recently Added

More

Credit File Check

Your Ad Here

Stacey Said:

A recent credit check has shown a tax lien. IRS and state and have nothing in file. What should I do?

We Answered:

File a dispute with all credit agencies. Complain to the FTC. write the IRS. Put a hawk alert on your file if you suspect identity theft.

Eileen Said:

I owned Federal tax in 2007, paid with a check in 2008. So when I file 2008 tax, how do I claim that credit?

We Answered:

Money is taxed in the year earned. Period. Money that you earned in 2008 is taxed when you file for 2008 (in 2009), even if you used that money to pay 2007 taxes.

There is no credit that you can claim to avoid this.

However, if you paid STATE income tax, then you may be able to deduct that, if you (1) itemize, and (2) do not deduct any sales tax.

Ken Said:

How Does One Recover From A CIFAS Note On Their Credit File?

We Answered:

You shouldn't have done it, but you know that so I won't go on about it, its just to warn other people not to do the same thing.

Having a CIFAS note isn't the end of the world though. Automatic computer programs that make decisions will refuse you credit instantly, however cases where the decision is made by a human are different, and there are cases where it can be overlooked, its entirely down to the lenders discression.

The positive news for you is than unlike defaults etc which stay on your credit file for 6 years before they are taken of your credit file, CIFAS notes only stay on your credit record for 1 year. So 1 year and 1 month (it takes a month after the time period to have it removed) you will be clear again, its not a life sentence.

Bear in mind though that you were lucky. Although it seems like a small white lie and doesn't seem that bad, you can be prosecuted for this, its down to the lender if they decide to press charges. You could end of ended up with a prison sentence.

However, put it behind you now and move on, you probably won't get credit for the next year, but after that it will be as if it never had happened. Just make sure you make every payment on time for any other credit you have, so after the year there will be nothing else affecting you.

If you want to check this out, do a search on google for "How long does a CIFAS Note stay on file". There are a number of references that confirm it only lasts a year.

Vivian Said:

If I already have a voluntary surrender on my car and have over 20 g's in credit debt should I just file?

We Answered:

Your filing bankruptcy is something you'll have to decide to do. It is an option that you have. If you can't pay the balance due from the repo....doesn't matter whether you volunteered or they repoed, if there is a balance and you don't pay it, they will seek to sue you, garnish wages, and/or bank accounts 100%. Best advice is to contact a bankruptcy attorney and once they look over the required information they can advise you on what you can and can't do. Bankruptcy should be your absolute last resort. Even though your credit is trashed now, the bankruptcy will stay on your credit report for 10 years, debts for 7. It can have an effect on future employment, apartment renting if they check credit and an loans within the next 10 years, will be at a very high interest rate. Some things to think about before going the route of bankruptcy. Most attorney's will see you free the first time. You can review more bankruptcy information at their website www.usbankruptcy.gov This is an excellent site if you don't know much about filing a bankruptcy. Good Luck!!

Randall Said:

How to file amdended tax return for two individuals filing for first time home buyers tax credit?

We Answered:

You can split the credit any way that you wish if you are both eligible, or either of you can claim the entire credit. If you choose to split it you'll both need to amend your returns. Do NOT mail the amended returns in the same envelope!

File amended returns using Form 1040-X and attach Form 5405 to claim the credit. To expedite processing, attach a photocopy of the HUD-1 settlement sheet and a photocopy of the recorded deed. Wait about 4 months for your check(s).

Form 1040-X: http://www.irs.gov/pub/irs-pdf/f1040x.pd…

Form 1040-X instructions: http://www.irs.gov/pub/irs-pdf/i1040x.pd…

Form 5405: http://www.irs.gov/pub/irs-pdf/f5405.pdf Your Ad Here

Discuss It!

< 6 7 8 9 10 11 12 13 14 15 16 >

Website said:

Nice post! This is a very nice blog that I will definitively come back to more times this year! Thanks for informative post.

cycles of steroids said:

This article gives the light in which we can observe the reality. This is very nice one and gives indepth information. Thanks for this nice article.

ABCya said:

Shoppers selling for which you applied exploration earlier than writing. It's painless to write down first-class write-up in that position.

จี คลับ said:

Therefore dissertation web-sites as a result of online to set-up safe and sound ostensibly taped in the website.

بلیط لحظه آخری said:

I feel great about it and love studying more on this topic.

https://www.yourcydiarepo.org/ said:

Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up!

https://steroidsforwomen.com/female-bodybuilding/ said:

I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post.

do my essays said:

I haven’t any word to appreciate this post.....Really i am impressed from this post....the person who create this post it was a great human..thanks for shared this with us.

foods for bodybuilding said:

Wow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks

Search engine with no Ads said:

Great Information sharing .. I am very happy to read this article .. thanks for giving us go through info.Fantastic nice. I appreciate this post.

backdrop printing said:

Very easily this site will most likely undoubtedly perhaps end up being popular including numerous weblogs individuals, because of its painstaking content pieces or possibly views.

buy SoundCloud likes said:

Your blog is too much amazing. I have found with ease what I was looking. Moreover, the content quality is awesome. Thanks for the nudge!

watchartoonsonline said:

while I was watching on google for something else, Anyways I am here now and could just like to say thank for a tremendous post and a all round entertaining website. Please do keep up the great work.

kataggelia said:

Right away this website will probably unquestionably usually become well known with regards to most of website customers, as a result of meticulous accounts and in addition tests.

Dofollow Guest Post Backlinks said:

I’m going to read this. I’ll be sure to come back. thanks for sharing. and also This article gives the light in which we can observe the reality. this is very nice one and gives indepth information. thanks for this nice article...

Agen Poker IDN said:

I really enjoy simply reading all of your weblogs. Simply wanted to inform you that you have people like me who appreciate your work. Definitely a great post. Hats off to you! The information that you have provided is very helpful.

Agen Poker IDN said:

If your looking for Online Illinois license plate sticker renewals then you have need to come to the right place.We offer the fastest Illinois license plate sticker renewals in the state.

parimatch said:

Efficiently written information. It will be profitable to anybody who utilizes it, counting me. Keep up the good work. For certain I will review out more posts day in and day out.

automastersincarnet.com said:

Shoppers selling for which you applied exploration earlier than writing. It's painless to write down first-class write-up in that position.

staircase london said:

That'sthe valid reason promoting for which you desirable investigation before craft creating. It could be potential to write down upgraded post utilizing this.