Re: Can Someone Tell Me.....[ Edited ]
01-24-2013 10:48 AM - edited 01-24-2013 10:49 AM
I read somewhere in one of these forums that even if the judgement is on there it looks better to lenders if it is paid. I believe it also has to be paid before he buys real estate in most cases. You may want to check when judgements expire in the state you are in. Where we live they expire in 10 years unless renewed by the creditor/CA . My husband has one from 2007 and the lady at Wells Fargo we talked to recommended that we don't use his credit to get the loan because that judgement may stand in the way if we can't afford to pay it right now. (His is quite a bit more than yours.) Just something you may want to check into..