Hey Guys, Kevin here with Family Credit Repair, and today we’re going to talk a little bit about Tax Liens and how they affect your credit scores.
The first thing you need to know is, having a tax lien on your credit is not the kiss of death. In fact, you can have a tax lien on your credit AND still have a credit score of 700 or better quite easily.
However, the real problems with tax liens occur when your credit is being manually reviewed by underwriters for something like a mortgage loans.
If you’re looking to attain a mortgage loan while you have a tax lien, you need to make sure that it’s mark as PAID on all three of your credit reports. This is very important when you’re trying to attain a loan like this.
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Have a great day