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Credit reports and foreclosures, Presidents Day in Dallas

A message to the CEO of the Cornerstone Credit Union League about how long foreclosures remain on credit reports

| By Greg Fisher

From: Greg Fisher []
Sent: Tuesday, February 16, 2016 7:34 AM
To: Richard L. Ensweiler, CEO, Cornerstone Credit Union League; Jon Gorman,
Subject: credit report, foreclosure, #TheCompanyHeKeeps

Richard L. Ensweiler, CEO
Cornerstone Credit Union League
4455 LBJ Freeway Suite 1100
Dallas, Texas 75244-5998

See this message and your response at

Somebody in your organization wrote, "Did you know your #creditscore can affect your #jobsearch? @wisebread."

Experian states, "A foreclosure remains on your credit report seven years."

However, the article that your social media message links to states: "First, those negative marks on your employment credit report will take a long time to fall off. A Chapter 7 bankruptcy filing, for instance, will stay on your report for 10 years, as will a foreclosure."

What indicates that foreclosures stay on credit reports for 10 years? #1602W

Greg Fisher
Truth and Falsity
PO Box 342
Dayton, Ohio 45409-0342
mobile/text 937-681-3224

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