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Secured loan = public record?

Discussion in 'Credit Talk' started by Saar, Apr 11, 2002.

  1. Apr 11, 2002 #1
    Saar

    Saar Banned

    My online EFX report says:

    This appears right after "No bankruptcies on file" and before "No financial counseling on file".

    The questions are, why would a secured loan (if reported) show up in the public record section, and more importantly - why would it appear to be a negative entry.

    By the way, It was suggested that USAA offers secured loans with no credit check. You open a CD online and then apply for a consumer loan.


    Saar
     
  3. Apr 11, 2002 #2
    Killer

    Killer Well-Known Member

    Privista is listing my collection accounts under the Public Records section.
     
  4. Apr 11, 2002 #3
    lbrown59

    lbrown59 Well-Known Member

    1*Public records are Neg.

    2*So they can report it 10 years instead of 7 years.
     

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