Why register? ...To Enhance Your Experience
+ Reply to Thread
Results 1 to 4 of 4
  1. #1
    Forum Member
    Join Date
    Jan 2012
    Location
    Nevada
    Posts
    166

    Default Short Sale on Your Credit Report

    Does anybody know if a short sale on your credit will ruin your chances in the background? Just for information, it's because my wife was laid off and hasn't found work yet. Any insight from those who sit on the other side of the process would be greatly appreciated.


  2. #2
    Forum Member
    Join Date
    Jun 2001
    Location
    texas usa
    Posts
    207

    Default

    Not Normaly

    Just try to get finances in order

  3. #3
    Forum Member thorocotomy's Avatar
    Join Date
    Apr 2012
    Location
    Upstate SC is where my house is but I am rarely in it
    Posts
    5

    Default

    Not so much from a FF hiring perspective but from an older guy who has been a round a time or two>>>

    Quote Originally Posted by fire5555 View Post
    ...Just try to get finances in order
    What he said.

    A short sell is much better than a foreclosure but it is still a negative mark on your credit report. That report is often used as a metric to gauge how responsible and reliable a person is.

    If you haven't already, you would be wise to run your own credit history through the big three reporting agencies IOT find out what's being reported on you. For anything derogatory and older than 7 years you can write a letter to the reporting agency and have it/them removed from your records; you need to do this for each of the three it is being reported on, not just one. Also from time to time other peoples indiscretions end up on someone else's report; obviously those things need to come off as well.

    While it may not be something that inhibits you getting a job your credit report is one of those things that you may have to but not want to explain. The less the better...

    HTH,

    Thor
    If peace is equated simply with the absence of war, it can become abject pacifism that turns the world over to the most ruthless. -Henry Kissinger

  4. #4
    Forum Member
    Join Date
    Jan 2012
    Location
    Nevada
    Posts
    166

    Default

    Everything else is in order. We don't owe money anywhere and had scores in the high 700's prior. Thanks for the input. I was just wondering if one blemish (albeit a bigger one) would sink me.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Tax Credit
    By resQengine in forum New York
    Replies: 0
    Last Post: 02-25-2008, 04:21 AM
  2. Credit/pay for run
    By Fire40man in forum Volunteer Forum
    Replies: 6
    Last Post: 12-18-2007, 07:19 PM
  3. Bad Credit
    By rleslie65 in forum Hiring & Employment Discussion
    Replies: 6
    Last Post: 12-10-2006, 07:38 PM
  4. Can you be too short?
    By Arsenic in forum Hiring & Employment Discussion
    Replies: 11
    Last Post: 02-08-2006, 04:37 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts