Maxine Sweet Quotations
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Both Quotes
It's also important to know that when taxes go unpaid, the IRS can place a lien on your assets. Unpaid tax liens can remain on your credit report for up to 15 years, while paid tax liens can remain on your credit report for seven years from the date paid. Both have a negative impact on your credit score.
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Accounts Quotes
If you notice anything questionable, such as accounts you don't recognize, or payment disputes, deal with those issues before applying for a home equity loan. It can also be helpful to have your credit score which will tell you specifically the factors in your credit history that could be considered risky by lenders.