Currently, my fiance's car is in my name because he was unable to get it financed in his due to having a judgement on his CR.
However, this has increased my DTI to much and I'm in the process of trying to buy a house, so I need this out of my name right away !!
I told my fiance to call the Credit Union, which is where we bank and also where we have the car financed to see if they could refinance the vehicle in his name only.
The worse they could say is no, right? So he calls them, they pull his credit and tell him he doesn't have any credit so he'll need a co-signer. His dad is going to co-sign for him .....all is good right?
My question is this .....do banks usually only pull the credit report from one CRA? Meaning, his EQ report does not show the judgement and this is the one they pulled. However, EX does show the judgement.
Is this typical that they only pull a report from one CRA or will the pull the others later and see the judgement?
Thoughts?
Message Edited by thesedays on
06-12-2008 08:26 AM