Business, 11.02.2020 17:59 blackberri9675

Mitchell has lived in his home and paid his mortgage on time for 10 years. After becoming ill, he was no longer able to work and could not make the payments. Eventually, Mitchell had to vacate the home due to foreclosure. How will the foreclosure influence Mitchell’s credit report? A : Credit reporting agencies are allowed to maintain negative information about you for up to 7 years. B : Credit reporting agencies are allowed to maintain negative information about you for life. C : Credit reporting agencies are allowed to maintain negative information about you for 10 years (except for bankruptcy, which stays on your record for life). D : Credit reporting agencies are allowed to maintain negative information about you for up to 10 years.

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Mitchell has lived in his home and paid his mortgage on time for 10 years. After becoming ill, he wa...

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