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UCC filing??

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Stugotsv10
Frequent Contributor

UCC filing??

Saw a few threads on here, but nothing conclusive and no one seem to have the final answer, can a UCC filing help out with PERSONAL credit? 

4 REPLIES 4
SouthJamaica
Mega Contributor

Re: UCC filing??


@Stugotsv10 wrote:

Saw a few threads on here, but nothing conclusive and no one seem to have the final answer, can a UCC filing help out with PERSONAL credit? 


The previous thread was conclusive.

 

No, it cannot help your credit in any way. It is a lien.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 701 TU 704 EX 685

Message 2 of 5
Stugotsv10
Frequent Contributor

Re: UCC filing??

even when its paid in full? 

Message 3 of 5
SouthJamaica
Mega Contributor

Re: UCC filing??


@Stugotsv10 wrote:

even when its paid in full? 


Even when it is paid in full.

 

It has nothing to do with your personal credit.

 

I doubt it  has anything to do with your business credit either.


Total revolving limits 741200 (620700 reporting) FICO 8: EQ 701 TU 704 EX 685

Message 4 of 5
Stugotsv10
Frequent Contributor

Re: UCC filing??

**bleep** that sucks, could have been a nice way to build credit

Message 5 of 5
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